318 Heather Lane
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | Listed by eXp Realty LLC | $489,900 | |
| Listed by eXp Realty LLC | |||
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Jan 23, 2022 | Listed by Coldwell Banker Realty | $399,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome Home to 318 Heather Lane in beautiful & highly desirable Oak Ridge North! Stunning Victorian style home offers 4 bedrooms, 2.5 bathrooms, formal dining, family room with built-in study nook & extra room upstairs. Lovely features include wrap around front porch, tile & wood flooring downstairs, soaring ceilings & abundance of natural light, custom kitchen with granite countertops & island, SS appliances & wood cabinets. Primary bedroom & bathroom suite with upgraded bathroom on first floor. 3 spacious bedrooms upstairs with upgraded secondary bathroom. Excellent storage throughout. Beautiful backyard oasis to enjoy with large custom covered patio complete with outdoor kitchen & bar, plenty of grassy area & landscaping. SS refrigerator, washer & dryer remain with home. New Hardi plank siding & exterior paint. New garage door, lighting & SS dishwasher. Easy access to The Woodlands, Spring, I-45, Hwy 99 & Exxon Campus. Close to shopping & dining. Conroe ISD schools.
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| Jun 24, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017