15525 Picnic Hill 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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Fathom Realty | $1,050,000 | |
| Listed by Fathom Realty | |||
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Gorgeous, immaculate 2-story stunner in Parkland section of Bridgeland! Custom built-ins and re-designed spaces for limitless storage and usability. Upgraded wood flooring throughout main. High ceilings/open living perfect for entertaining. Custom built-in bar/butlers area with beverage center in dining make for a stunning focal point. Pantry remodel to include drawers and adjustable shelving. Utility remodel for functionality adding locker area and pet center. Kitchen has large island, luxury GE Monogram appliances, oversized drawers, cabinetry to the ceiling and under lighting. Deco walls and beams exude luxury. Primary bath has large separate soaking tub, dual sinks and oversized shower. Primary and office on main. Upstairs gameroom/loft is large and cozy with hidden a study behind bookcases. Property includes hardwired EV charger, exterior security cameras and RO unit at kitchen sink. Playground nearby, walkable to Dragonfly Park and fitness center - a move-in ready must se
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| Jul 20, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by eXp Realty, LLC | $899,000 | |
| Listed by eXp Realty, LLC | |||
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Welcome home to 15525 Picnic Hill Drive! This stunning East facing home was purchased brand new from the builder in 2021 and offers 5 bedrooms, 4 and a half bathrooms, sits on a quiet street with beautiful landscaping, brick exterior, and all zoned to Cypress-Fairbanks ISD! You'll love all the incredible features this home has to offer, including $65k in upgrades, a formal entry with chandelier lighting, gorgeous primary suite, spacious living room with fireplace, wood cabinets, kitchen island, high ceilings, formal dining room with custom paint, upstairs game room, private home office, secret room with bookcase entry, fully fenced backyard, covered back patio, outdoor kitchen, and so much more! Professional landscaping enhancements include hidden drip irrigation and gutter to sewer drainage systems. This home has existing builder warranties and access to the many amenities including parks, playgrounds, waterways, and more! Schedule your private showing today!
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About Harris
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Last Updated: 6 months ago
Data Source: HAR , MLS# 54281738
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