16106 Ashvale 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 |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Sep 28, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 26, 2025 | Listed by Top Guns Realty on Lake Conroe | $449,900 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Rare Opportunity in Lakewood Grove! This beautifully remodeled one-story Trinity floor plan - David Weekley home is a true gem in Tomball ISD. Sitting on a spacious corner lot with mature trees, it includes a three-car garage—a rare find in the neighborhood. Enjoy the charm of the inviting front and back porches. Inside, the updated kitchen opens to the breakfast and living areas, creating a bright, open-concept space ideal for entertaining with 4" shutters throughout. The fourth bedroom is currently staged as a home office, offering flexibility to fit your needs. The backyard features a turf putting green, perfect for golf lovers, and the home is prewired for speakers throughout the interior and patio for enhanced entertaining. Located in the heart of Tomball, you’re minutes from top-rated schools, shopping, dining, and more. Lakewood Grove offers great amenities, including tennis courts, a pool, and playgrounds. Don’t miss your chance to call this home. Watch the listing video!
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| Aug 30, 2025 | Price Decreased |
$474,900
↓ $21K
(4.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017