22834 Orchard Oak Lane
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | Listed by Keller Williams Premier RealtyKaty | $449,500 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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Beautifully updated Cinco Ranch classic on quiet treelined street with heated pool/spa zoned to highly acclaimed KISD schools including Beck JH, ranked #3 in Houston by Niche! Updated kitchen, flooring, baths. Large primary suite down. Gameroom and three bedrooms up. Remodeled kitchen with granite, upgraded cabinets and drawers, 18" chiseled tile. Cool Key West color vibe. Outdoor area in backyard beautifully maintained. Low taxes, low HOA, quick access to commuter routes, Energy Corridor and West Houston Medical Center. No Flooding!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017