4614 Magnolia Summit 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 |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Oct 25, 2022 | Listed by Keller Williams Premier RealtyKaty | $640,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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Stunningly upgraded David Weekley w/lux pool/spa/outdoor living in the coveted Ashfield Gardens section of Cinco Ranch, Katy/West Houston's premier master-planned community! Pool features swim up bar w/in-pool firescape plus 3 covered patios, outdoor kit/FP/TV/firepit & shower! Meticulous pro landscaping w/stone bordered paths, wrought iron entry leads to upgraded arched front dr! Formal entry w/marble mosaic inlay, extended 17' study/home office. Lux primary w/shower/bath/vanity upgrade plus full closet system. Both 2nd BRs have baths ensuite! Wide open kit/dining/fam rm w/pro series Electrolux Icon appliances/fridge, upgraded cabinets/counters & HUGE walkin pantry. Frml dining w/beadboard ceiling, wall of builtins & ontrend chandelier! Full interior/exterior versatile surround sound, camera enhanced security w/virtually every bell & whistle. Garage stairway to huge Texas Basement storage. Save $$ w/Techshield/N/S orientation. H2O softener. Clic on pics for more details in captions!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017