30514 Lavender Trace Drive
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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 6, 2022 | Sold | ||
| Sold | |||
| Mar 27, 2022 | Listed by RE/MAX Universal | $319,990 | |
| Listed by RE/MAX Universal | |||
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Nestled snuggly on a cul-de-sac street, this rare gem in the boutique community of Legends Trace will not last long. This beautiful home features one of the few pools in the neighborhood, complete with a beach entry, covered patio, and outside TV for a refreshing Houston summer respite. Zoned to the much sought after Conroe ISD and located a mere 5 minutes from the Grand Parkway for an easy commute to the airport and quick access to all of the major thoroughfares in North Houston. This home is beautifully maintained with high ceilings and a floor plan that is warm and open. Don't hesitate to submit an offer! This beauty will sell quickly.
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| Sep 10, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017