4007 Addison Ranch 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 28, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Century 21 Realty Partners | $460,000 | |
| Listed by Century 21 Realty Partners | |||
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This is a must see home in Churchill Farms. Located on a corner lot with a subdivision easement behind, enjoy no rear neighbors and an access gate to the easement. A neighborhood park is located right across the street. The floor plan is desireable with the primary bedroom and 2 additional bedrooms on the first floor. The office with french doors offers privacy for owners working from home. The kitchen has a breakfast area, an island and copious amounts of cabinets. The walk in pantry is tall and offers a great deal of storage. Check out the attic! Built in storage and decked space over the garage offer all the storage a 4 bedroom home needs! The backyard is the oasis everyone is seeking. Gas stubs in 2 locations on the patio. A water feature and multiple spots to position a tables for family and guests. Zoned to the highly acclaimed Katy School District. A great walkable neighborhood with so many amenities. This home checks all the boxes! New HVAC!! Open House 05/25 11-1
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| Sep 15, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | Listed by BHGRE Gary Greene | $439,400 | |
| Listed by BHGRE Gary Greene | |||
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Location, Location.. Welcome Home! Well cared 4 Bedroom, 3 Bath Brick Home in sought after Churchill Farms subdivision. The home offers a well planned floor plan for any family minutes to a variety of grocery, dining, and shopping. The house is on a corner lot with no rear neighbor, private, low maintenance, and well maintained full fenced yard. Complete with a Home Office/Study, First Floor Primary Bedroom and Full Bath, Two Walk-In Closets, Soaking Tub with Separate Shower, Kitchen with a breakfast bar and island, Dining Combo, Pantry, Great Room, Two First Floor Guest Bedrooms and Full Bath, Second Floor Game Room, Second Floor Guest Bedroom with Full Bath, and a Walk-In floored Attic for easy access and storage. Katy ISD Schools, walking distance to Jordan High School, Adams Junior High, Neighborhood Pool, Tennis Courts, Play Grounds and much more... Schedule your showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017