5728 Montclair Hill Lane
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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, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by The Lakes Group | $270,000 | |
| Listed by The Lakes Group | |||
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WELCOME HOME!! This beautiful and spacious 4 Bedroom, 2.5 Bath Lennar Built Home situated in the Master Planned Community--Lakes of Savannah. The interior features tons of recent updates: new roof, new AC unit, luxury vinyl planks, granite in the kitchen, and more. The open floorplan features a Fire place, ceiling fans in all the rooms, also featuring plenty of natural sunlight. NO BACK NEIGHBORS! Community features include lakes, pool, parks, splash pad, walking trails. Easy access to several grocery stores and major roadways including FM 521, 288, Fort Bend Toll road, Hwy 6.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017