16019 Sugar Tree Drive
About This Property
The open-concept layout offers incredible convenience, featuring granite countertops, a covered patio, and a decent-sized yard, all with the added benefit of no carpet. The primary bathroom has recently undergone a stylish remodel, introducing a touch of modernity. Additionally, this community Includes 2 play areas and a neighborhood pool, enhancing the family-friendly atmosphere.
Conveniently situated in the Vintage area, this home provides easy access to the Vintage shopping center, Lonestar College, TX 249, Beltway 8, and 99. Experience the added convenience of being near multiple hospitals for peace of mind.
Zoned to Klein Independent School District, this property is a rare find. Don't miss out on the opportunity to make it yours!
Call today to schedule your private tour!!
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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 |
|---|---|---|---|
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | In contract | - | |
| In contract | |||
| Nov 28, 2023 | Listed by Lucky Money Real Estate | $255,000 | |
| Listed by Lucky Money Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017