27503 Gatlin Lane
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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.
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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 24, 2024 | Sold | ||
| Sold | |||
| Apr 28, 2024 | In contract | - | |
| In contract | |||
| Apr 20, 2024 | Listed by JLA Realty | $325,000 | |
| Listed by JLA Realty | |||
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Adorable 1 story home nested in Spring Trails Community and zoned to highly acclaimed Conroe ISD. This Perry home layout is amazing. Great for entertaining. 4 bedrooms 2 full baths. Entire interior home just freshly painted.The home is adorned with geometric arches and lots of windows for added charm. Primary suite sits in the rear of the home with the remaining spare bedrooms tucked in separate quarters off the family room. Enjoy the front covered porch to sit and relax with a book and coffee. Walking distance from Broadway Elementary School. Amenities include community pool, sports court, playground, tennis court and jogging paths. Great location to 99 just outside the subdivision. Easy access to HEB, restaurants and entertainment all within ~5 minutes away. Close proximity to Exxon campus and IAH airport. No representation is made to the validity of the information provided including, but not limited to HOA, taxes, schools, etc. Buyer must verify all information and measurements.
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| Aug 21, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by Sweet Home Realty | $309,000 | |
| Listed by Sweet Home Realty | |||
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Nested in the center of Spring Trails subdivision, this beautifully updated 4B2B single-story Perry home features high ceilings and magnificent floor plan. BRAND NEW CARPET IN ALL BEDROOMS AND BRAND NEW LUXURY VINYL IN THE REMAINING AREAS. Upon entering the house, a formal dining sits on the left side with the view of the covered front porch. Kitchen features walk-in pantry, breakfast bar, island and gas burner stove, adjacent to the breakfast dining area. Relax and unwind in the living area with abundant of natural sunlight. En-suite bathroom features separate tub and shower. Full house sprinkler system. Fully fenced backyard is great for entertainment and family gathering. Zoned to the highly acclaimed Conroe ISD schools with walking distance to the Broadway Elementary School and neighborhood parks. Master planned Spring Trails offers many great amenities such as community pool, tennis court, sports court, playground and jogging paths. Easy access to Hardy, 99, I-45 and Exxon campus.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017