29806 Commons Superior 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed | $675,000 | |
| Listed | |||
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Calling all outdoor enthusiasts and nature lovers! Great opportunity to own a stunning home nestled on over 1.5 acres at The Commons in the Lake Houston area! This community is surrounded by natural beauty! Residents enjoy lake access, a host of amenities, community events, parks and trails, offering a truly unique living experience. Featuring a welcoming southern-style front porch, a gourmet kitchen with a walk through pantry, an elegant Tuscan style brick arch and updated light fixtures in the dining and family room area, a home office, plantation shutters, a generously sized game room upstairs with built in desks, a media room, a detached 3-car garage with EV charger, an above-garage apartment great for guest or for a live-in care giver and much more! The back porch hosts the outdoor kitchen, overlooking the pristine swimming pool. Tucked away behind the trees is the car port with a storage shed, accessible through the side gate. Conveniently located, with easy access to Highway 99.
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About Commons of Lake Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017