23018 Lanham Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed by Nowlin Realty Group , LLC | $359,900 | |
| Listed by Nowlin Realty Group , LLC | |||
| | |||
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Welcome Home! This Beautiful 4 Bedroom 2 Bath is located in the established much desired Governors Place Community. Home features kitchen open to Breakfast area, Primary Bedroom Downstairs, 3 Bedrooms and Gameroom upstairs, Plantation shutters and Gas Fireplace. Formal Dining off the entry (could serve as a second open study). Spacious Primary Bedroom with large closets, En suite bath with garden tub, frameless shower, dual vanities and granite countertops. Chef's Kitchen boasts Quartz countertops with abundant storage, Bright white cabinets, Coffee/Tea Bar, Mini bar with wine cooler, kitchen island with cooktop and French doors that lead you to the back yard- Great for entertaining! Large kitchen windows overlooking your backyard oasis. Neighborhood amenities include Pool, Clubhouse, Tennis Courts and Playground. Enjoy easy access to I-10, Grand Pkwy, and LaCenterra at Cinco Ranch. Don't miss out! Schedule your tour today!
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| Aug 8, 2024 | No longer available | - | |
| No longer available | |||
| Jul 25, 2024 | Price Decreased |
$359,900
↓ $3K
(0.9%) | |
| Price Decreased | |||
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About Governors Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017