10003 Willowgrove Drive
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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%.
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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.
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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 16, 2020 | Sold | ||
| Sold | |||
| Aug 22, 2019 | Listed by Realty Associates | $450,000 | |
| Listed by Realty Associates | |||
| Dec 3, 2018 | No longer available | - | |
| No longer available | |||
| Aug 30, 2018 | Listed by Engel & Volkers Houston | $395,000 | |
| Listed by Engel & Volkers Houston | |||
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Incredible opportunity to obtain a move in ready, updated ONE STORY home in the established neighborhood of Willow Meadows at an unbeatable price. HUGE corner lot. Sprawling 3,500 sq ft custom home with extensive updates, soaring ceilings, and elegant archways. As of list date, not only is this property the lowest price per square foot for a move in ready home in Willow Meadows, it is also the ONLY move in ready, one story home in Houston with at least 3500 square feet on a lot at least 15,000 sq ft currently on the market for sale below 500K. Remediated following Harvey, the home was recently restored to move in ready condition. Some minor details will be left for buyer to address; priced accordingly. Elaborate crown molding. Marble and wood-look tile floors only; no carpet. Large bedrooms. Recessed LED lighting. Extremely convenient location near restaurants, shopping, and parks. Easy freeway access to Galleria shopping and NRG stadium. Minutes from the Medical Center and downtown. The manager has listed the unit size as 3501 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017