12318 Oakleaf Bend 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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by RE/MAX East | $409,700 | |
| Listed by RE/MAX East | |||
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Welcome home to this stunning 5-bedroom cul-de-sac home with a massive yard in a sought-after gated section of Balmoral! As soon as you step inside you're greeted by abundant natural light and an open floorplan perfect for entertaining. The spacious kitchen with a breakfast bar opens to the large family room and eat-in kitchen area with windows all around, while down the hall you'll find your primary bedroom with a spacious ensuite featuring a soaking tub and a separate shower. An additional guest suite is also downstairs! Upstairs are 3 more bedrooms plus a spacious game room for family time and movies! The massive backyard has tons of space to build a pool, a garden, a play area, and anything you and your family could dream of! If you don't feel like designing your personal outdoor retreat, you can enjoy the myriad of amenities Balmoral is famed for such as its resort lifestyle, large lagoon and luxury amenities like the clubhouse and gym! Call today for your private viewing!
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| Jul 30, 2024 | No longer available | - | |
| No longer available | |||
| Jun 5, 2024 | Price Decreased |
$414,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
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About Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017