8002 Rippling Stream 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 |
|---|---|---|---|
| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 2, 2022 | Listed by ERA Legacy Living | $539,000 | |
| Listed by ERA Legacy Living | |||
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You won't want to miss this stunning two-story home in the masterplanned community of Lakemont, with 3 car garage. Spacious entry with soaring ceilings flanked by formal dining and home office with French doors. This beautiful home offers a family room with high ceilings and impressive stone fireplace. The huge kitchen has gorgeous granite with custom backsplash and stainless appliances. Owners added a massive sun room which is perfect for entertaining or curling up and reading a book while keeping cool during the hot summer months. The large owner's retreat has an elegant primary bath and large closet. Three bedrooms upstairs are spacious with nice walk in closets and a vast media room that can also be used as a game room or class room. Lots of space in the backyard for a pool. Excellent location close to Katy, Fulshear, Richmond right off the Westpark Tollway and close to 99. Schedule your appointment today as this home will not last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017