8318 Emerald Meadow 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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Homelove Real Estate Group | $475,000 | |
| Listed by Homelove Real Estate Group | |||
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This beautifully updated one story home is ideally located in the amenity-rich master planned community of Fall Creek, home of the prestigious Golf Clubs of Houston! This home has fantastic curb appeal with award-winning landscaping, a study with French doors, formal dining, hardwood flooring, plantation shutters, a living room with gas log fire place, and an updated kitchen with exotic granite counters and stainless steel appliances! The primary retreat features a stunning en suite bath with soaking tub, large walk in shower, a dual vanity with granite counters and upgraded cabinetry, and a large walk in closet! There is a secondary bedroom with full bathroom that has a walk in shower, and another two bedrooms with a full bathroom with dual vanity! There is an in house utility room, 3 car garage, & enormous storage platform in the attic! Relax on the covered patio, overlooking the gorgeous yard with a pool and no back neighbors! Roof 2020, A/C 2020! Fridge, washer, & dryer included!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017