12517 Grayton 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 |
|---|---|---|---|
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by Coldwell Banker Realty | $529,900 | |
| Listed by Coldwell Banker Realty | |||
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Dynamic Westin Home Nestled On Culdesac Street*Hopkins Estate Collection Floor Plan*Oversized Double Lead Glass Front Doors*2 Story Tundra In Entry*2 Story Glass Light Fixture*Custom 2 Inch Blinds Thru-Out*Family Room W/Built-Ins & Gas Logs* Kitchen W/Oversized Island*Granite Counters*Gas Range*42 Inch Cabinets*Glass Tile Backsplash*Computer Station Just Off Of Kitchen*Gigantic Formal Dining Room W/Upgraded Light Fixture*Media Room*Gameroom*Primary Suite With Fabulous Bath With Oversized Shower & Soaking Tub Plus 2 Vanities*Closet That Connects To Utility Room*All Baths Have Granite Counters*Bedrooms Upstairs W/Jack & Jill Bath*Covered Back Patio*Garage Door Openers*Alarm*This Home Has It All Plus Much More In Beautiful Grey Tones.
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| Feb 27, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2019 | Listed by Westin Homes | $369,841 | |
| Listed by Westin Homes | |||
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Westin Homes NEW Construction (Hopkins, Elevation B) Two story. 4 bedrooms, 3.5 baths. Private master suite with oversized walk in closet. Both formals. Spacious island kitchen with breakfast area. Game room and media room upstairs. Covered patio and attached 2 car garage. Representing a prime Texas City location off I-45 South in the Galveston-Clear Lake corridor, Lago Mar is just minutes from major employment and entertainment centers such as the Kemah Boardwalk and the beaches of Galveston. This master planned community will also have access to the Tanger Outlet Mall as well as a 12-acre Crystal Lagoon and clubhouse. You’ll enjoy an unparalleled standard of living where life is truly a breeze! Stop by the Westin Homes model home today to find out more about Lago Mar!
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About Texas City
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Last Updated: 5 months ago
Data Source: HAR , MLS# 2855345
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