10506 Cobalt Falls Drive
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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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by Legacy Homes & Properties, LLC | $457,900 | |
| Listed by Legacy Homes & Properties, LLC | |||
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Welcome to this beautifully updated 2-story brick home in the sought-after Stone Gate community -gated, golf course neighborhood in the heart of Houston’s 77095. This home offers an ideal blend of luxury and comfort. Inside, you’ll find an open spacious layout, with 4 bedrooms, 2.5 baths, Chef-style kitchen with all new appliances, a dedicated office, plus a bonus pocket office, ideal for working from home and a game-room/media-room combo with a private balcony. Enjoy your own custom media room, cinematic lighting + sound, a truly immersive experience. Outside, enjoy a fully fenced backyard with views of the golf course with access to Stone Gate’s gated amenities, including pools, a splash pad, walking trails, and the Houston National Golf Club. This home has been thoughtfully upgraded, meticulously maintained and ready for its next owners. Zoned to Cypress-Fairbanks ISD. Schedule your showing today!
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| Jun 11, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017