3126 Lanville 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 15, 2024 | Sold | ||
| Sold | |||
| Feb 17, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Lucky Money Real Estate | $270,000 | |
| Listed by Lucky Money Real Estate | |||
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Zoned to the highly sought after Katy ISD. Notable improvements per seller include: Fresh paint throughout, 2014 replaced roof, 2021 replaced all copper pipes with PEX pipes, and 2022 replaced the AC Unit. Formal dining room was converted into 2 rooms perfect for a home office or play room. No carpet throughout except for in the secret room above the garage. Discover a hidden gem in the attic—a nook space with a half bath, providing an extra retreat or creative space. The screened-in back porch is a tranquil escape, featuring electrical hookups for a hot tub, perfect for relaxing evenings and entertaining guests. Refrigerator and washer/dryer stay with the home.
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| Feb 12, 2024 | No longer available | - | |
| No longer available | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017