31021 Laurel Creek Lane
About This Property
$61,000+ in UPGRADES. Spacious kitchen, complete with 42" cabinets, sleek granite countertops w/ expansive eat-in island perfect for hosting family & friends or enjoying casual meals. Stainless appliances that make cooking a delight. Whole home water softener. Nest smart home & Vivint Security System. WiFi sprinkler system. BONUS room off Master closet for 2nd study or in-law suite. The beauty of this property extends beyond its walls. Discover community's nature trails, playgrounds, Pool. Minutes from the YMCA, Kroger Marketplace, HEB, and the Grand Parkway, fine dining, & entertainment options. Walking distance to the highly acclaimed CISD, including Kaufman Elementary.
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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 |
|---|---|---|---|
| Nov 29, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by Texan Realtors.com, LLC | $425,000 | |
| Listed by Texan Realtors.com, LLC | |||
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Better than new! Tucked quietly away in the picturesque desirable community w/ NO REAR neighbors & WATER VIEW. The epitome of comfortable luxury & modern convenience. You'll be captivated by the open living floor plan, designed to maximize space & light. ENERGY EFFICIENT double pane windows & wired for generator.
$61,000+ in UPGRADES. Spacious kitchen, complete with 42" cabinets, sleek granite countertops w/ expansive eat-in island perfect for hosting family & friends or enjoying casual meals. Stainless appliances that make cooking a delight. Whole home water softener. Nest smart home & Vivint Security System. WiFi sprinkler system. BONUS room off Master closet for 2nd study or in-law suite. The beauty of this property extends beyond its walls. Discover community's nature trails, playgrounds, Pool. Minutes from the YMCA, Kroger Marketplace, HEB, and the Grand Parkway, fine dining, & entertainment options. Walking distance to the highly acclaimed CISD, including Kaufman Elementary.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017