15727 Highlands 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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | No longer available | - | |
| No longer available | |||
| May 5, 2024 | Listed by Fred Paskell | $329,900 | |
| Listed by Fred Paskell | |||
| | |||
|
Immaculate, beautiful bright and open home in a Gorgeous Balmoral gated community w/ endless amenities! This home shows like a model and is move-in ready, it has 3 bedrooms with the master suite private on the other side of the home. Beautiful tiled floors throughout, granite tops, and huge island in the kitchen. The master suite is spacious with large windows for great natural light, double sink master bath with granite counters, large walk in closet. This home is a corner lot with beautiful landscaping. This home will definitely be your pride and joy, it is fabulous. Notable Amenities: Gated Community, 2-Acre Crystal-Clear Lagoon, 7,500 SF Clubhouse, Fitness Center, Resort-Style Pool w/ Infinity Edge, Splashpad, Volleyball Court, Playground and Hammocks Row.All information provided is deemed correct but not guaranteed buyer to verify all information for accuracy.
| |||
| Apr 28, 2024 | Price Decreased |
$329,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
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About Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017