4902 Loch Lomond Drive
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 |
|---|---|---|---|
| Sep 15, 2020 | Sold | ||
| Sold | |||
| Feb 5, 2020 | Listed by Compass RE Texas, LLC | $315,000 | |
| Listed by Compass RE Texas, LLC | |||
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Large corner lot (11,935 sq ft) with mature trees, in a fantastic location, on a desirable street in Meyerland. Lot has been cleared and is ready for you to build your dream home! Loch Lomond is a charming & quiet street with many gorgeous, newly built homes. Walking distance to Meyerland Plaza (with a brand new two-story HEB in the works!), Bellaire High School and easy access to 610. A short drive to the Medical Center, Downtown, NRG Stadium, Galleria and many other areas of town. This is an incredible price & opportunity for a fantastic corner lot!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017