3615 Ember Falls Lane
About This Property
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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 23, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by RE/MAX Signature | $350,000 | |
| Listed by RE/MAX Signature | |||
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Beautiful stone & brick home on the lake in the highly desired Waterstone community. This 4 bedroom, 2 bath and 2 car garage home has a spectacular view of the lake. 4-sided brick home is located on premium elevation lot, open concept, tile flooring from foyer to family room and in kitchen areas, crown molding, faux wood blinds, study with French doors and covered patio. The kitchen is ready for you to Cook-up new and delicious meals. (Equipped with Stainless Steel Appliances, 42' upper cabinets, granite countertops and tile backsplash). Primary Bedroom Suite Bath is equipped with granite countertops, dual vanities separate soaker tub and shower with walk-in closet. All BRs have ceiling fans ! Great outdoor living w/large covered back patio . Neighborhood pool/park, quick access to Grand Parkway, West Houston Medical Center, Energy Corridor. Zoned to highly acclaimed KISD schools incl Paetow HS. Low HOA dues! Move in ready!
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| Apr 22, 2019 | Sold | ||
| Sold | |||
| Mar 2, 2019 | Listed by REALM Real Estate Professional | $250,000 | |
| Listed by REALM Real Estate Professional | |||
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High and Dry, Never Flooded. This Immaculate home offers 4 bedroom, 2 baths with a dazzling Lake view in sought out Waterstone neighborhood. Zoned to KATY ISD schools. Home features 4 sides brick exterior, upgraded stone front elevation, high vaulted ceilings, open concept living/kitchen, stainless steel appliances, upgraded dark espresso finish cabinets with modern hardware, breakfast bar, granite counter-tops in kitchen & master bathroom, upgraded backsplash, crown molding, upgraded tile t/o common areas, upgraded storm doors, wrought iron fence,pre-wired surround sound, oil rubbed bronze interior fixtures, gas stub in patio, massive covered patio overlooking serene lake view and walking trails. Neighborhood offers a great pool and play area. Close to all major freeways I10, 99, and westpark toll, many nearby restaurants, shopping, and grocery stores. Make an Appointment to view this beauty today!
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017