16003 Brook Forest Drive
About This Property
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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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Listed by Keller Williams Preferred | $499,997 | |
| Listed by Keller Williams Preferred | |||
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Welcome to 16003 Brook Forest Dr—your dream home in the heart of Clear Lake! This beautifully maintained 5-bedroom, 3.5-bath home sits on an oversized lot and features a sparkling in-ground pool, perfect for cooling off in this Houston heat! With a long driveway offering plenty of parking for those with teenage drivers, there's room for everyone here. Inside, you’ll find spacious living areas, a cozy fireplace, and a layout that balances privacy and togetherness. Zoned to top-rated Clear Creek ISD schools and just minutes from Armand Bayou Nature Center, NASA, and all the dining, shopping, and waterfront fun at Kemah Boardwalk and Baybrook Mall. This home blends comfort, community, and convenience—and it’s ready for your next chapter! Schedule your in person tour today.
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| Jun 9, 2025 | Price Decreased |
$509,997
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 2, 2025 | Price Decreased |
$519,997
↓ $5K
(1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017