12711 Gallowhill 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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 18, 2024 | Relisted | $337,000 | |
| Relisted | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by LPT Realty, LLC | $337,000 | |
| Listed by LPT Realty, LLC | |||
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Discover this stunning Contemporary residence nestled in the coveted community of Balmoral, renowned for its picturesque lagoon beach, volleyball courts, and scenic walking trails, among numerous other amenities. The home showcases an inviting open floor plan seamlessly connecting the kitchen, family room, and beautiful foyer. With three bedrooms and two full baths, plus an additional room/game room on the second floor, there's flexibility for a playroom, study, or home office. Revel in the privacy of the spacious backyard, complete with a covered patio and no rear neighbors to disrupt your tranquility.
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About Houston
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$3,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017