7207 Towering Pine 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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by HTX Living, LLC | $235,000 | |
| Listed by HTX Living, LLC | |||
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Welcome home to this meticulously maintained one-story in the popular Sunrise Meadows pocket of Richmond. Just minutes from the newly built James Steenberg Junior High. This cutie features a split floorplan with an island kitchen and luxurious covered & screened in patio off the living room. The primary suite has an oversized walk-in closet and spa-like walk-in shower. The island kitchen has an overhang perfect for barstools, but there's also plenty of space for a breakfast or dining room table that overlooks the beautiful backyard. This is a GREAT opportunity on a larger lot in this established community, surrounded with lots of new development.
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017