5406 Lamonte 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 21, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by REALM Real Estate Professional | $364,900 | |
| Listed by REALM Real Estate Professional | |||
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Welcome to 5406 Lamonte Ln. This home is tucked away in the well-maintained community of Mangum Manor; neighbor to Oak Forest. This is a deed restricted community, but dues are voluntary with membership...so NO MANDATORY HOA FEES. Updates include all new appliances (refrigerator included), low-E windows, fresh paint, lighting package, subway tile backsplash, granite counters, 2"blinds, laminate flooring, carpet in bedroom, and more! This home has a gorgeous kitchen with an abundance of white cabinets. Plenty of natural lighting throughout. Enjoy the 14x17 covered deck at backyard; great for friends and family gatherings. There is a 8x10 good quality shed, which provides plenty of space to store tools & yard equipment. Just minutes to Mangum Manor Park, TC Jester Park, Grocery stores, eateries, HWY 290, 610 and all the conveniences of city living! Schedule a tour to see this stunning home for yourself!
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| Jun 6, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by Tilbury Real Estate Advisors | $290,000 | |
| Listed by Tilbury Real Estate Advisors | |||
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Well maintained home loved and cared for more than 43 yrs, original hardwood floors refinished and Original hardwoods under carpet; Low E windows, Front screen door and front door and back door, cabinetry, Furlough removed, sink, faucet, disposal, tile floor in kitchen and in bathroom approx. 2012. This home is welcoming and wonderful floor plan that flows well. The back yard is covered patio and shed and plenty of room to enjoy a nice back yard.
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About North Houston
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$2,700 /mo
- 3 Beds
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- 1,836 ft²
$2,700 /mo
- 3 Beds
- 3 Baths
- 1,836 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017