7911 Rowan 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 |
|---|---|---|---|
| Mar 22, 2022 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Listed by Keller Williams Houston | $249,900 | |
| Listed by Keller Williams Houston | |||
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7911 Rowan Ln – Well-maintained four bedroom, two bath home ready for your personal touches. Hardwood floors in the family room. Updates include Central A/C in 2020, Electrical panel replaced 2017, and more! The spacious back yard is ready for you to relax after work, on the weekends, or whenever you choose. Located centrally in the heart of Sharpstown on a quiet tree lined street, close to freeways (59/69, Beltway 8, and Westpark Tollway), minutes to downtown and the medical center, walking distance to the nearby elementary school, and convenient to Houston Baptist University. Must see to appreciate!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017