5218 Lacreek Lane
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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 |
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| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by RE/MAX Fine Properties | $409,900 | |
| Listed by RE/MAX Fine Properties | |||
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Gorgeous remodeled home on an oversized wooded lot zoned to Klein ISD features recent HVAC system, insulation, millwork, carpet, paint, designer lighting & hardwood tile floors. Foyer opens to study w/glass barn doors & living room with beamed ceiling & German Schmear bricked gas log fireplace flanked by custom built-ins. Elegant dining room surrounded by windows & French doors to backyard opens to kitchen with breakfast bar illuminated by pendant lighting, Shaker cabinets, quartz counters w/subway tiled back splash, S/S appliances including a 5-burner gas cooktop, butler’s pantry with wine fridge & walk-in pantry. Cheery breakfast room with bay window & seating touts quartz serving bar with glass cabinets and nearby half bath & laundry room. Owner’s suite has private bath with dual sinks, vanity & two walk-in closets. Secondary bedrooms have access to second full bath with dual sinks. Park-like backyard is perfect for entertaining with 40x23 patio, fire pit area & space for a pool!
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| May 5, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by Realty ONE Group, Experience | $376,500 | |
| Listed by Realty ONE Group, Experience | |||
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Newly remodeled and shows like a model home! Located on an oversized wooded lot on a quiet cul-de-sac.
Zoned to sought-after Klein ISD. Newly installed architectural elements include a barn door to home office, crown moulding, door casings, new carpet and fresh paint throughout, granite kitchen countertops, designer lighting, glass pantry door and butlers pantry/bar. Gorgeous kitchen also features additional chefs pantry. Bright white kitchen features breakfast bar and separate breakfast area with a built in window seat and a bay window. Separate elegant dining room with French doors to the outside patio. Numerous floor to ceiling windows throughout bathe the home in natural light. Large bedrooms with walk in closets, both upstairs bathrooms boast recent marble-look flooring. Backyard has more than enough room to play, and space for a pool. Convenient location with proximity to I-45 and Grand Parkway. Home has never flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017