15771 Cairnwell Bend 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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Feb 27, 2025 | Listed by Compass RE Texas, LLC - Houston | $324,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Live the resort life in this beautifully designed Empire-built home in amazing Balmoral just steps from the Crystal Lagoons! Situated in a charming gated community, this prestigious section of Balmoral is like living in a Caribbean vacation. Notable upgrades include a whole-home GENERATOR, fresh white paint throughout, and upgraded kitchen appliances. Upon entry, you’ll find the utility room before the floor plan opens into a spacious kitchen and living area, seamlessly connecting to the backyard. The two secondary bedrooms and full bath are located at the front of the home, while the private primary suite is tucked away at the back. The spa-like primary bathroom features a soaking tub, walk-in shower, and an expansive walk-in closet, creating a true retreat. Experience elevated living all in a convenient and sought after location! Neighborhood amenities include Crystal Clear Lagoon with swim, splash and kayaking, Serenity (adult only) Beach with cabanas, clubhouse and gym & more!
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| Apr 3, 2023 | Sold | ||
| Sold | |||
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About Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017