3207 Quiet Lake 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 |
|---|---|---|---|
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by RE/MAX Cinco Ranch | $520,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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One of the best locations within the award-winning master-planned community of Cinco Ranch! 3207 Quiet Lake Drive is located at the end of a tree-lined street and culdesac on the lake in South Lake Village with views of the lake from every bedroom and backyard entertaining area! 4 bedrooms, 3.5 bathrooms (updated), 2 car garage, wood floors, granite counters, stainless appliances, updated light fixtures, and beautiful designer paint, sink in laundry, and coffee bar, no carpet, double-paned, kitchen updates 2019, marble backsplash, windows 2017, roof 2018, it is move-in ready! Zoned to Top Rated schools and steps from the parks, hike bike trails, beach club, tennis courts, catch and release fishing lakes, restaurants, shopping, and Lifetime Fitness and the YMCA this home has it all! Easy access to 99 and the West Park Tollway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017