301 Overlook 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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by RE/MAX Space Center-Clear Lake | $569,900 | |
| Listed by RE/MAX Space Center-Clear Lake | |||
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Welcome home to 301 Overlook Drive in FISD! An amazing over sized corner lot with excellent curb appeal & walking/biking distance to the Friendswood flagship Centennial Park & FJH (actual cut through walk way). ROOF '23, BOTH HVAC '23. Inviting tiled two story entry, study off entry with double French doors, formal dining, gourmet island kitchen with granite counter tops, tiled back splash, extensive counter top space and cabinetry, light and bright breakfast area, large family room with built ins & fire place, HUGE primary suite with HUGE walk in closet, primary bath with dual vanities, soaker tub + separate shower, over sized game room up, large secondary bedrooms, fresh carpet, oasis of a backyard setting with an ahhhhh pool, slide & hot tub, large yard. **AGENTS/APPRAISERS….Do not use as a comparable as this property was sold below market value due to backing up to FM 518 and two other streets.
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About Lakes of Falcon Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017