10954 Timberoak Drive
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 |
|---|---|---|---|
| Jan 4, 2022 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by Seamless Realty, LLC | $249,900 | |
| Listed by Seamless Realty, LLC | |||
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Great opportunity to own a lot in an expansive area where residential and commercial developers are flocking. The location is prime where access to beltway eight or I-10 is within a rocks toss away. This is a prime location to build your dream home, or purchase and hold as a store of value. Please see the photos of neighboring communities, some about to sell out, or have already sold out, others immediately behind are being built out. The immediate equity you will inherit here from just this community selling out is inevitable.
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Property Highlights
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017