622 Diamond Leaf 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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by RE/MAX Cinco Ranch | $800,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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LOCATION, LOCATION, LOCATION! 3 BR, 2 BTH in Memorial Plaza between Beltway/Wilcrest. Fantastic 10920 SqFt lot with mature trees and POOL, additional green space in the backyard to run and play. This traditional floorplan is great for entertaining and has a lot of character featuring wood beams, hardwoods, pocket doors, window ledge seating. Floorplan is very flexible, and rooms can be used and easily modified. Homeowner has cared for this house for 50+ years. Don't miss out on this great opportunity conveniently located near City Centre, I-10, Sam Houston Tollway and Energy Corridor. Nearby shopping, medical and entertainment. Award winning Stratford H.S. NEVER FLOODED! LOW TAX RATE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017