16042 Rustic Sands 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 2, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by Pride St. Realty, LLC | $278,500 | |
| Listed by Pride St. Realty, LLC | |||
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###Buyers got cold feet###
Never flooded. High and dry in Bear Creek Village. Primary bedroom with En-Suite on the first floor. Formal dining. Eat in kitchen. up stairs has 2 bedrooms and a game room. Small lot requires little maintenance.
Zoned to katy isd
buyer must verify all information in the listing.
Low tax rate and low cost of hoa
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| Aug 9, 2021 | Sold | ||
| Sold | |||
| Jul 3, 2021 | Listed by Spirit Real Estate Group, LLC | $238,000 | |
| Listed by Spirit Real Estate Group, LLC | |||
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Back on market. NEVER FLOOD. Beautiful 3 beds, 2.5 baths with excellent layout. Home has spacious kitchen with granite counter top, recent interior paint throughout and fans in every single room including kitchen and game room. A/C and furnace are less than 4 year old. Big game room is perfect for entertainment or use as 4th bedroom. Conveniently located close to dining, shopping and zoned to highly acclaimed Katy school district. Low taxes!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017