8511 Lofty Pines
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 |
|---|---|---|---|
| Feb 15, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2022 | Listed by Turn Key Realty | $299,600 | |
| Listed by Turn Key Realty | |||
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ONE OF THE LAST LOTS IN THIS ACREAGE COMMUNITY, this particular property is located on a corner and has plenty of room to build your dream home. If wide open spaces, rolling hills, peaceful tranquility, the security of a gated community and lots of very friendly neighbors who wave at everybody and always seem to have time to stop and chat is what you are looking for...THIS PROPERTY IS MEANT FOR YOU! And located with easy access to the Westpark Tollway and the Grand Parkway, without the noise and the traffic. Schools are nearby and all well respected too! With everything going on these days, wouldn't coming home to all of this be a blessing? Let this be your sanctuary...you won't regret a single day!
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| Feb 28, 2022 | Sold | ||
| Sold | |||
| Dec 9, 2021 | Listed by HomeSmart | $259,000 | |
| Listed by HomeSmart | |||
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Lot for sale in an exclusive gated community of Whispering Oaks!! Build a sweet custom home on the perfect 1 Acre Corner Lot. The community has just 75 limited homes to build with a beautiful pond and some trails. Developer graded all lots for the proper drainage & raised house pad on each lot. The gated community has an 8-foot brick wall and two entry exits. Build your home with no timeline and NO MUD TAX. A short distance from Katy/Fulshear, Westpark tollway/1093, Grand Parkway/99, US 59, and easy access to shopping, restaurants, and excellent schools. Bring your own builder and Build Your Dream Home!!
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| Oct 15, 2021 | Sold | ||
| Sold | |||
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About Fort Bend
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,800 /mo
- 4 Beds
- 3 Baths
- 2,600 ft²
$2,250 /mo
- 3 Beds
- 2 Baths
- 2,102 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017