3518 Lilac 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 |
|---|---|---|---|
| Oct 28, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by REALM Real Estate Professional | $335,000 | |
| Listed by REALM Real Estate Professional | |||
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This meticulously maintained one-story 3/4-bedroom and 2-bathroom home is located on a cul-de-sac in the heart of Katy. Zoned to highly acclaimed Katy ISD schools - Roberta Wright Rylander ES, Cinco Ranch JH, Cinco Ranch HS. Brand new carpet in all bedrooms, wood flooring in study, granite countertops, stainless appliances, and equipped with water softener system. Kitchen appliances including fresh door refrigerator will stay. Spacious covered patio with extended concrete covered areas. Minutes to I-10, 99-Grand Parkway, various shopping centers, dining and entertainment options. Walmart and Starbucks are both within walking distance. Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017