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1327 Bartlett Cove Drive
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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 |
|---|---|---|---|
| Jul 30, 2026 | Listed by Keller Williams Signature | $320,000 | |
| Listed by Keller Williams Signature | |||
| Dec 19, 2025 | No longer available | - | |
| No longer available | |||
| Aug 5, 2025 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Jun 24, 2025 | Listed by eXp Realty LLC | $425,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
Investor Special! This is not your typical single-family home — 1327 Bartlett Cove has been professionally converted into a 12-bedroom shared housing property and is currently operating as a high-occupancy income-producing asset on the Padsplit platform. Located in a prime area of North Houston with strong rental demand, this property is already cash-flowing and offers a rare opportunity to step into a turnkey co-living model with proven returns. The layout has been optimized for maximum occupancy while maintaining function and comfort for residents. Recent updates include a 2-year-old HVAC system and fully paid-off solar panels, offering significant utility savings. Whether you're looking to expand your rental portfolio or step into the roomshare market for the first time, this property offers built-in scale and strong market fundamentals. Don't miss your chance to own a stabilized investment in one of Houston’s hottest alternative housing segments.
| |||
| Apr 24, 2025 | Price Increased |
$379,500
↑ $91K
(31.3%) | |
| Price Increased | |||
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About Green Oak Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,800 /mo
- 3 Beds
- 2 Baths
- 1,408 ft²
$1,850 /mo
- 3 Beds
- 2 Baths
- 1,162 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017