3711 Walker Falls Lane
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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 10, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
| Mar 25, 2024 | Listed by RE/MAX Fine Properties | $529,800 | |
| Listed by RE/MAX Fine Properties | |||
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Gorgeous waterfront property in the well established and sought after neighborhood of Churchill Farms. Home is beautifully laid out with an open concept floor plan, and move in ready! Covered back patio overlooks serene lake with walking trail. Conveniently located near I-10 and Grand Parkway for easy access to fine dining and shopping at Katy Mills and La Centerra. Zoned for nationally recognized Katy ISD!
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| Mar 6, 2024 | No longer available | - | |
| No longer available | |||
| Feb 29, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017