5197 Andorra Bend 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%.
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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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by BHGRE Gary Greene | $439,900 | |
| Listed by BHGRE Gary Greene | |||
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Located on a corner lot in the Royal Brook subdivision of the master planned community of Kingwood, this high efficiency home features modern convenience and at-home comforts. Home has 2 solar panel systems (2021 & 2022) with 25-year warranty, 3 car tandem garage, whole house water softener system (no salt needed!), whole house humidifier, gas fireplace, laundry room with added countertop and cabinets, and gas cooktop & island in kitchen. Relax on the covered back patio with a calming view of the neighborhood pond. Enjoy the local lifestyle with the neighborhood and communities. Neighborhood amenities include: trail system, parks, junior Olympic swimming pool, and rec center with clubhouse. Community amenities include: greenbelt trail system, East End Park nature preserve, and local: shopping, dining, and entertainment. Close to: 59/69, 99, and IAH.
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| Mar 1, 2021 | Sold | ||
| Sold | |||
| Nov 24, 2020 | Listed by Tri Pointe Homes | $395,690 | |
| Listed by Tri Pointe Homes | |||
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This single story villa pairs the elegant designs of Trendmaker with the practicality of a patio home. Located on a corner homesite, the stone and stucco exterior makes for great curb appeal while the interiors are smartly laid out for function. Hosting the book club this month? No problem, cook up a storm in the kitchen featuring stainless steel appliances, a central island, and a 36? built-in gas cooktop. Gather in the family room around the cozy fireplace or dine in the casual dining room with walls of windows. Relaxing in the evening on the covered patio feels oh so good and the private study is great for working from home or getting some reading in on your favorite novel. Escape to the primary suite including two walk-in closets, dual vanities, and a grand central soaking tub. Complete with a 3-car tandem garage, this home has many great features.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017