7703 Quiet Trace 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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 29, 2024 | In contract | - | |
| In contract | |||
| Dec 21, 2024 | Listed by HOUSTON TOP REALTY | $319,500 | |
| Listed by HOUSTON TOP REALTY | |||
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Located in the desirable Avalon Terrace subdivision in Pearland, TX, this single-story home offers incredible potential for the right buyer. Featuring 3 bedrooms, 2 baths and a spacious 2-car garage, this property boasts a functional layout perfect for comfortable living. While the home needs a little TLC -- such as carpet and paint -- to bring out its full charm, ao here's a fantastic opportunity to customize and renovate to your liking. With its prime location and solid structure, this home is brimming with possibilities to transform it into a dream space. Covered patio in back! Call to schedule your Private Tour TODAY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017