5231 Lymbar Drive
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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.
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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 |
|---|---|---|---|
| Mar 11, 2022 | Sold | ||
| Sold | |||
| Dec 31, 2021 | Listed by Compass RE Texas, LLC | $699,900 | |
| Listed by Compass RE Texas, LLC | |||
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Traditional completely updated 3/2 home just outside in the heart of Meyerland is walking distance to the brand new Kolter Elementary School and a short-drive away from restaurants, shops, and more. The property features include recent plumbing, sewer, electric service panel(s) and wiring, 2 a/c units, furnaces and ductwork, bamboo flooring throughout, recent Acme brick, gutters, double paned windows, roof, and newly constructed large 675 sqft 2 car garage with complete 1/1 living quarters above featuring a full kitchen. Tray ceilings and huge windows are found in the living and dining rooms, bringing in and bouncing natural light all around the space. The backyard is complete with a covered, lit patio and a bountiful green area just waiting for a creative touch! There is a total of 4 bedrooms 3.5 baths. The total living space is 3027 sq. ft.
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| Sep 28, 2020 | Sold | ||
| Sold | |||
| Sep 14, 2020 | Listed by Tricia Turner Properties | $268,500 | |
| Listed by Tricia Turner Properties | |||
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Excellent Location. Ranch style mid-century modern home. Detached garage. Formal Living and Dining, large windows, French doors open to a spacious backyard with pergola. Never Flooded. Home is sold as is; needs attention and updates.
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About Southwest Houston
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Last Updated: 4 months ago
Data Source: HAR , MLS# 9101026
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017