9897 Lace Flower Way
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 |
|---|---|---|---|
| Dec 7, 2022 | Sold | ||
| Sold | |||
| Nov 3, 2022 | Listed by Orchard Brokerage | $309,000 | |
| Listed by Orchard Brokerage | |||
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Click the Virtual Tour link to view the 3D walkthrough. This lovingly maintained residence checks all the boxes. This 4 bed/3 bath home has plenty of room to entertain with an ideal floor plan. The spacious family room welcomes guests to gather around the fireplace, perfect for the upcoming chilly nights. Stainless steel appliances, tile backsplash, and a breakfast bar are a few kitchen highlights. The breakfast nook and dining room are tucked away for privacy. Located on the second floor, the primary bedroom features a pristine en-suite bath with a garden tub and separate shower. The game room is ready to be filled with memories and can also be turned into a media room, play room, or extra living space. Relax outside under the large covered patio where the ceiling fans will help guests say cool during the hot Texas summers. Grocery stores, restaurants, and I-45 are just up the road for your convenience. Come see your new oasis! Welcome home!
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Montgomery Creek Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017