8708 Emnora 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%.
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 |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Dec 27, 2023 | In contract | - | |
| In contract | |||
| Dec 4, 2023 | Listed by eXp Realty LLC | $525,000 | |
| Listed by eXp Realty LLC | |||
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Immaculate home in Spring Branch. Kolbe Farms is a community w/a gorgeous lake, community pool, park for kids, & MORE! This unique 2 story home has soaring 2 story ceilings upon entry. The rustic oak wood floors greet you as you enter into your open concept living & kitchen area. Dining room for large table. Kitchen boasts granite counters, ample counter & cabinet space, Bosch stainless appliances, & breakfast bar. The living room has a wall of windows which allow an abundance of natural light, a charming fireplace, & ample room for large furniture. Primary bed down w/ensuite bath w/granite counters, oversized soaking tub, oversized shower, & walk-in closet. Secondary bed down w/private access to a full bath. Laundry room down. Game room up is perfect for entertaining or could be used as an income producing area w/another secondary bed w/private bathroom access. Walk-in attic access. Large covered back patio w/pavers, fountain, & plants. Side grass area. 2 car garage & street parking!
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017