3406 Lily Ranch Drive
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 |
|---|---|---|---|
| Jun 3, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by H & L Realty | $419,000 | |
| Listed by H & L Realty | |||
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Multiple offers. Highest and best by 5pm on Monday 5/16. Never flooded. Gorgeous home in the heart of Katy, low tax rate and HOA fee. Zoned to excellent schools and close to grocery, restaurant and Katy Mills mall. Easy access to I-10 and 99. Home sits on a corner lot with huge backyard! Four bedrooms, formal dining room and game room. Primary bedroom down. Primary bedroom has a bay window. The game room is upstairs along with 3 bedrooms. All hard floors, no carpet. AC 3-years, dishwasher 6-months. Sprinkler through the yard.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017