12914 Grovemill Drive
About This Property
New Energy efficient Windows, exterior siding updated, new Sinks, bathtubs and toilets,
Granite countertops on Kitchen and bathrooms, Microwave, Washer and Dryer Included.
Concrete slab on back yard ready for a nice covered patio.
This property it's only a few minutes away from Downtown, The Medical Center and other popular areas, did not flood not on flood zone, It's surrounded by multiple FreeWays such as Hwy 90, 288, 610 and Sam Houston Tollway. Now a quick access thru W. Airport from the new Buffalo Speedway. Come to see it today.
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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 |
|---|---|---|---|
| Feb 25, 2020 | Sold | ||
| Sold | |||
| Dec 18, 2019 | Listed by REALM Real Estate Professional | $179,900 | |
| Listed by REALM Real Estate Professional | |||
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017