3215 Retama Falls 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 |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by BHGRE Gary Greene | $475,000 | |
| Listed by BHGRE Gary Greene | |||
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Come see this beautiful, light, and spacious home within highly desirable Silver Ranch! This stunning home is accented with wrought iron stair railing, wood tile floors, and open kitchen with stainless steel appliances, granite counters, tile backsplash, and pendant hanging lights. Study with French Doors is located just off the entry and is perfect for working from home! The living room boasts soaring ceilings with wood beams, and you'll love the charm of the covered front and back porches plus it has a whole home generator! Walking distance to greenbelt and parks, and zoned to acclaimed Katy ISD schools this home won't last long. Schedule your private viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017