3511 Rapid Creek Lane
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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%.
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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 13, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by SKW Realty | $529,000 | |
| Listed by SKW Realty | |||
| Aug 26, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by CENTURY 21 Western Realty | $470,000 | |
| Listed by CENTURY 21 Western Realty | |||
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Step into the impressive two story entrance and you will feel like you are home! The kitchen/living area is truly the heart of this home! The kitchen features a large island with seating. The two story ceilings in the living area and the wall of windows make the area feel so spacious! The formal dining room features a fun light fixture and hardwood floors. Upstairs you will find a game room plus four more bedrooms and two full bathrooms. This great entertaining space continues outside with an extra large covered patio and outdoor kitchen. The outdoor kitchen includes a sink, electricity, 32 inch drop in gas grill,refrigerator and drawers. Storage shed. Sprinkler system. Water softener system. Two air conditioners. Under sink reverse osmosis system. Gutters around the entire home. Landscaping in front and back yard. Katy I.S.D.
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About Fulshear
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017