24711 Oakheath Arbor 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 22, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Dec 19, 2023 | Listed by Keller Williams Memorial | $254,000 | |
| Listed by Keller Williams Memorial | |||
| Jul 20, 2023 | Listed by Southern Style Realty | $266,900 | |
| Listed by Southern Style Realty | |||
| | |||
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Spacious one story with split floor plan, home features a front porch entry, island kitchen that is open to the dining and family rooms, covered patio, secluded primary bedroom with large walk-in closet and a flex space, including granite countertops in kitchen and all baths, 42 inch cabinets, stainless steel appliances, tankless water heater, home automation powered by Google, large walk-in showers, and much more!
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| Aug 26, 2021 | Sold | ||
| Sold | |||
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About Lake Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 51056248
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017