8403 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 |
|---|---|---|---|
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Sep 30, 2022 | Listed by Coldwell Banker Realty | $289,000 | |
| Listed by Coldwell Banker Realty | |||
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Lovingly maintained traditional Sharpstown home. 3/2/2 on corner lot with beautiful mature trees. Formal living and dining rooms at the front of the home, spacious family room. Good size bedrooms. Carpet in formals , hallway & bedrooms, tile in family room, kitchen and utility room. All windows have been replaced. Backyard has awesome party pool, with benches in the corners to be able to sit and relax with your favorite beverage,. Cool pool deck is actually comfortable to walk barefooted even on hot summer days. RV parking next to garage. Convenient to schools, worship, SW Memorial Hospital, HCU Wellness Center,. Close to Beltway 8 & I-69. Easy commute to Sugar Land, Galleria, DT. Room sizes are approximate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017