3231 Trail 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 |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 21, 2024 | Listed by Lifestyles Realty, Inc. | $199,900 | |
| Listed by Lifestyles Realty, Inc. | |||
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WOW! This beautiful brick home was completely remodeled with gorgeous modern finishes. 3 bedrooms, 2 full baths and 1 car garage has everything your family needs at a fantastic price! Kitchen has stainless appliances, shaker style cabinets & granite counters. Bathrooms have matching finishes. Luxury Vinyl Plank flooring thoughout- no carpet! Roof, HVAC & windows all replaced in 2020! Fully fenced yard, concrete patio in back.
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Property Highlights
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017