23506 Bracino Lake 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%.
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 |
|---|---|---|---|
| May 23, 2022 | Sold | ||
| Sold | |||
| Apr 8, 2022 | Listed by RE/MAX Cinco Ranch | $440,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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Stunning 1 story home on beautiful cds street, backs to wide open skies, a peaceful lake view with all the wow factor of a Perry Home. Inside you'll find an incredible broad entry, tile flooring, detailed ceilings, arched doorways, glass doors, crown molding and lots of natural light. Gourmet island kitchen offers 39 wood cabinets plus 8 more in the butlers pantry plus lots of drawers and plenty of granite counterspace and a large pantry. The view of the lake from many rooms really makes this home stand out and the floorplan is excellent. 2 bedrooms share a bath near the front, another private bed and bath to the rear offers wood floors and a nice view. The romantic primary bedroom has a great view plus a bathroom you will never want to leave. This gorgeous lake community is well located to major popular shopping centers plus all 3 A+ Katy ISD elementary, junior/high schools are within this community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017