515 Lily 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 |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Relisted | $140,000 | |
| Relisted | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Listed by Keller Williams Memorial | $140,000 | |
| Listed by Keller Williams Memorial | |||
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Discover 515 Lily Lane, a coveted property in the desirable Suncreek Estates neighborhood. This unique one-acre lakefront lot has been cleared and is ready for you to bring your dream home to life. Rosharon provides a tranquil, countryside atmosphere while still being conveniently located near shopping, dining, and entertainment in areas like the Medical Center, Pearland, Freeport, and Grand Parkway. Don't miss the chance to schedule a showing and begin imagining the endless potential for your future dream home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017