4502 Richland Chambers 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%.
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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 |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | Listed by Keller Williams Realty Professionals | $320,000 | |
| Listed by Keller Williams Realty Professionals | |||
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Fabulous 4 bedroom home on a corner lot. The large formal dining room is perfect for gatherings, while the kitchen features gas cooking, stainless steel appliances, a breakfast bar, and a pantry for ample storage. Spacious family room is open plan to the large kitchen . First-level primary bedroom with en-suite primary bathroom boasting double sinks, a large soaking tub and separate shower. Upstairs, a huge GAME ROOM and MEDIA ROOM provides additional space for entertainment. 3 secondary bedrooms upstairs! Less than 20 minutes from Lake Houston, 7 minutes from Golf Club of Houston, 16 minutes to Tour 18, and with easy access to I69, this home is perfectly positioned for both leisure and easy commuting around the greater Houston area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017