12511 Gable Mills 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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by Compass RE Texas, LLC - Memorial | $545,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by Compass RE Texas, LLC Memorial | $415,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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Highly desired Highland Home 1.5 story with a pool and outdoor covered area. Bridgeland is a master planned community with over 11,000 acres of amenities. This is a 4 bedroom 3 bath home with three bedrooms and study down. Wood floors throughout the majority of the first floor. Gameroom and one bedroom upstairs. The home has a 5 foot extension and the front and back so the rooms are all very spacious. The island kitchen is open to the living room with granite counters, white cabinets, granite counters, SS appliances, refrigerator included, double ovens, built in microwave and gas cooktop. The living room and master have views of the pool. The master bathroom has double sinks, standing shower, garden tub and a walk in closet. Both bathrooms down have white cabinetry and all bathrooms have decorative tile. Both water heaters replaced, water purification system, outdoor covered living area were all added approx. 1.5 years ago.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017