8721 Lanell Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | Listed by Martha Turner Sotheby's International Realty | $999,999 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Come experience the serene life in the Village: Sun dappled streets shaded by ancient oaks, kids on bicycles, families with strollers, people walking their dogs, a neighborhood park around the corner. At 8721 Lanell you will get a small town vibe in the heart of the city! Besides being zoned to superior schools, you will enjoy a spacious home on an oversized Back Yard + timeless updates. The home has been updated, expanded + is light-filled. The floor plan is familiar, at the same time flexible. Entry leads to large Living Room + Study. Kitchen + Breakfast Room have view of lush Back Yard. Dining Room has stacked stone wall + Rocky Mountain ambiance. Den is large + features hardwood floors + spectacular views. Expanded Master Suite features a luxurious Bath with garden Tub + Shower, plus dual vanities + abundant closet space. Seeing is believing there is such thing as affordable elegance! Life in Spring Valley Village couldn’t be any more perfect!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Northwest Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,800 /mo
- 4 Beds
- 2 Baths
- 2,821 ft²
$2,350 /mo
- 3 Beds
- 2 Baths
- 1,721 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017