8603 Lockridge Valley Trail
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 26, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | Listed by RE/MAX Signature | $459,900 | |
| Listed by RE/MAX Signature | |||
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Welcome to this stunning 4-bedroom, 3.5-bathroom home located in the Grand Vista subdivision of Richmond, TX. Built by Taylor Morrison in 2019, this home is the epitome of modern luxury. As you step into the home, you'll be greeted by high ceilings and an abundance of natural light from a wall of windows. The first floor features a home office, as well as a beautiful kitchen that boasts wine storage and an oversized island with a sink. The kitchen is a chef's dream with top-of-the-line appliances and plenty of counter space for meal prep. The primary bedroom offers a tranquil retreat with a bay window that overlooks the green belt behind the backyard. The en-suite bathroom features dual vanities, a large soaking tub, and a separate shower. Upstairs, you'll find a spacious gameroom and media room, perfect for entertaining guests! Zoned to the exemplary-rated Fort Bend ISD, enjoy Grand Vista's beautiful parks, walking trails, and community events. A wonderful place to call home!
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Property Highlights
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Price/ft²
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017