520 Darlene Lane
About This Property
.44-acre lot with gorgeous mature trees on a quiet street. You will fall in love with this traditional ranch-style home that has so much charm. The living room has original wood paneling, and the bedrooms are freshly painted. This home has an open floor plan with a spacious kitchen area. There is a brand-new roof and water heater. The outdoors is like a privat retreat with several large trees and new landscaping. Great location near Sealy, Fulshear and I-10. So, come and relax, sit back and enjoy the spectacular sunsets from your covered back porch.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Aug 25, 2024 | Price Decreased |
$260,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Aug 2, 2024 | Price Increased |
$265,000
↑ $15K
(6%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017