12802 Gallowhill 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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Listed by Redfin Corporation | $325,000 | |
| Listed by Redfin Corporation | |||
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Gehan Home Jewel in the heart of the exclusive Balmoral community that offers top-tier resort-style amenities like a waterpark, lagoon, tennis courts, lakes, and trails! This stunning residence boasts a stone accent elevation and low-maintenance lawn care, welcoming you home in style. Step inside to an expansive layout featuring breathtaking ceilings and elegant vinyl plank flooring. The enormous living room, perfect for relaxation or entertaining, seamlessly connects to a large kitchen equipped with a center island, granite countertops, stainless steel appliances, and ample storage. The first-floor owner’s suite offers a walk-in closet and an en-suite bath with double sinks and a spacious shower. Upstairs, a vast game room awaits, alongside two well-sized secondary bedrooms that share a full bath. Outside, enjoy the oversized fenced backyard and covered patio, ideal for BBQs or unwinding. With amazing amenities and the unmatched quality of Gehan Homes, this property is a must-see!
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| Apr 27, 2020 | Sold | ||
| Sold | |||
| Sep 18, 2019 | Listed by Keller Williams Realty | $254,990 | |
| Listed by Keller Williams Realty | |||
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Discover BALMORAL - take advantage of the new construction opportunities offered by GEHAN & MASTER PLANNED amenities - BOARDWALK, CRYSTAL LAGOON, CLUBHOUSE, TENNIS & VOLLEYBALL COURTS!! Easy commute to DOWNTOWN Houston shopping & dining!! 3 bedrooms, 2.5 baths, 2 car garage -- GRANITE KITCHEN w/ breakfast nook. PRIVATE MASTER SUITE w/ dual sinks, shower, & HUGE walk-in closet. Open family room, SPACIOUS secondaries, & COVERED PATIO. Zoned to HUMBLE ISD. STOP BY THE MODEL for details!!
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About Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 58768463
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