4119 Addison Ranch Lane
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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | No longer available | - | |
| No longer available | |||
| Jun 21, 2024 | Listed | $469,990 | |
| Listed | |||
| | |||
|
Move in ready 4 bedrooms 3 full baths, Kitchen and Dining with 12' ceilings. 3 bedrooms downstairs, 1 bedroom upstairs with a Lovely Loft as the Den. Kitchen boasts Large Island, Bosh stainless steel Dishwasher, Cafe Oven/Stove Stainless Steel and granite counter tops. Zone to Katy ISD,The HOA is also in process of building tennis courts, a basketball court and a gazebo!
| |||
| Jun 13, 2024 | Price Decreased |
$469,999
↓ $17K
(3.5%) | |
| Price Decreased | |||
| Jun 12, 2024 | Price Decreased |
$487,000
↓ $8K
(1.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017