11619 Gullwood 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 |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Dec 26, 2023 | In contract | - | |
| In contract | |||
| Dec 13, 2023 | Listed by Boulevard Realty | $215,000 | |
| Listed by Boulevard Realty | |||
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Fantastic starter home located in the center of a the Highland Meadow community with area pool, park and basketball court. Gullwood is conveniently located near Memorial Hermann Hospital & South San Jacinto College in addition to shopping and dining establishments, public library and transportation. Recent updates in the past 5 years include roof, double pane insulated windows, HVAC, water heater, tile floors, exterior siding & paint, gutters, interior paint and tub & tile surround in front bedroom. Quick access to BW-8 and I-45.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017