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7202 Fountain Meadow
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 |
|---|---|---|---|
| Oct 8, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Listed by Houston Elite Properties LLC | $679,000 | |
| Listed by Houston Elite Properties LLC | |||
| Jul 19, 2025 | Listed | $699,000 | |
| Listed | |||
| | |||
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Motivated seller. Zone to seven lake high. NO carpet, TWO staircases, 3-CAR garage, Engineered wood floors, marble countertops, newly upgraded appliances, basketball court—this home has it all! Nestled in the sought-after Seven Meadows community and zoned to the highly acclaimed Seven Lakes High School. The open-concept living space stuns with soaring ceilings, a cozy fireplace, and expansive windows that flood the room with natural light. The kitchen is a showstopper with a massive island, custom cabinetry, stainless steel appliances, and a sunlit breakfast area. You'll also love the elegant dining area with a modern chandelier and a private study with French doors. The primary suite offers a luxurious retreat with an oversized shower and a double vanity. Upstairs features a spacious game room and media room—perfect for fun and entertainment. Enjoy a huge covered patio with a ceiling fan and a wide backyard ready for gatherings.
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| May 6, 2025 | Relisted | $719,990 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017