29650 Ringtail 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 |
|---|---|---|---|
| Mar 22, 2022 | Sold | ||
| Sold | |||
| Feb 8, 2022 | Listed by Keller Williams Realty - Memor | $450,000 | |
| Listed by Keller Williams Realty - Memor | |||
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Need some elbow room but still want to be close to Houston? You have found it right here. This recent construction home sits on a corner lot that is close to 3/4 of an acre. This home is unique with a 3 car garage, 2 of the 4 bedrooms downstairs, a gameroom AND a media room upstairs. The home office is ready for work from home days and then you can relax on the large covered patio. The expansive backyard is ready for gatherings of friends and family. Call for an appointment to see it today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017