2814 Nicks Run Lane
About This Property
The primary suite offers a renovated bathroom with a free -standing tub and a custom dual master closet with plenty of storage. Entertain effortlessly in the screened, expansive patio that backs up to a serene greenspace with no rear neighbors. Located in popular Cinco Ranch zoned to Katy ISD, and within walking distance to La Centerra for restaurants and shopping as well as schools. Enjoy nearby walking trails in a community as well as a recently upgraded play ground. Recent upgrades include a new roof and fence.
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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 24, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| May 4, 2024 | Listed by LPT Realty, LLC | $649,000 | |
| Listed by LPT Realty, LLC | |||
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Step into luxury with this beautifully updated one-story home, featuring a chef's dream kitchen with an 8-burner Viking range with double ovens, a 48" built-in Thermador fridge, and custom cabinets topped with leather-finish granite. The open floor plan showcases 12-16' ceilings, 8" hand-scraped wood floors, and refined details like plantation shutters and custom moldings.
The primary suite offers a renovated bathroom with a free -standing tub and a custom dual master closet with plenty of storage. Entertain effortlessly in the screened, expansive patio that backs up to a serene greenspace with no rear neighbors. Located in popular Cinco Ranch zoned to Katy ISD, and within walking distance to La Centerra for restaurants and shopping as well as schools. Enjoy nearby walking trails in a community as well as a recently upgraded play ground. Recent upgrades include a new roof and fence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017