5002 Quiet Falls 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 |
|---|---|---|---|
| Jun 21, 2023 | Sold | ||
| Sold | |||
| Apr 18, 2023 | Listed by Compass RE Texas, LLCKaty | $850,000 | |
| Listed by Compass RE Texas, LLCKaty | |||
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Perfectly located in a private cul de sac street, this magnificent Trendmaker 5 bed/4.5 bath with sparkling pool. Exquisite curb appeal with stucco and stone. Oversized 3 car garage plus porte cochere with additional parking . Right at the entrance, your home office with built-ins and elegant formal dining room with crown molding, used as Piano Room. Once you enter the kitchen, you realized the amount of storage space, nice backsplash, stainless steel appliances including ergonomic dishwasher and gas cooktop. Functional island and breakfast bar with granite countertops. Your living room is highlighted with a fabulous fireplace and hardwood floor throughout social areas. Plantation shutters give the perfect balance for natural light. Upstairs huge Game Room, Media and 4 spacious bedrooms. Wait, this backyard is a paradise! Big covered patio, pool, fire pit and hot tub for your outdoor entertainment. Premium oversized lot with plenty of green space. Zoned to KatyISD. Check virtual tour.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017