5217 Verdome 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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 9, 2024 | Listed by Compass RE Texas, LLC - The Heights | $449,999 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Introducing 5217 Verdome Lane, a thoughtfully renovated 3-bedroom, 2-bathroom home in Oak Forest West that is flanked by soaring Oak trees, providing shade and natural beauty. With original wood floors adding timeless appeal, this inviting property exudes modern charm, warmth and functionality. The main house features open-concept spaces, perfect for entertaining and for the flow of daily living. A gorgeous, renovated kitchen with butcher-block island is the ideal space for the home chef. Additionally, a quaint guest house with a half bathroom provides versatile space for guests, a home office, art studio or a home gym. The large back yard with a covered patio are perfect for enjoying the outdoor spaces, extending living beyond inside the home. This highly desirable location allows for easy commuting via 290 and 610 and is just around the corner from the Acorn Driving Range. Don't miss the opportunity to call this unique gem your very own!
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About North Houston
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$2,350 /mo
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$2,350 /mo
- 3 Beds
- 2 Baths
- 1,721 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017