2342 Strait Lane
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%.
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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Dec 22, 2024 | Listed by HomeSmart | $249,900 | |
| Listed by HomeSmart | |||
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Welcome to 2342 Strait Lane. Don't miss this opportunity to purchase prime real estate! This 1 story has room for the whole family with 4 large bedrooms and 2 bathrooms. A fenced backyard with plenty of room for the kids and pets to run and play. This home is conveniently located minutes away from I-10 with easy access to many shops and restaurants while making the work commute a breeze. Located within KATY ISD school district, this home also comes with low HOA and tax rates, the cherry on top of affordable living in Houston. Call today to schedule your private showing!
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| Apr 6, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by RE/MAX Signature | $239,900 | |
| Listed by RE/MAX Signature | |||
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About Westlake Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017