16118 Charolais 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.
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 1, 2026 | Sold | ||
| Sold | |||
| Apr 18, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by Flash Realty | $575,000 | |
| Listed by Flash Realty | |||
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Beautiful single-story home set on an expansive 2-acre lot, offering 3 bedrooms, 2 full baths, a detached 3-car garage, and a generous 30x50 workshop—ideal for work, storage, or hobbies. Inside, enjoy a formal dining area and a spacious living room centered around a striking floor-to-ceiling brick fireplace. The bay window breakfast area brings in natural light, and the in-home utility room adds everyday convenience. The kitchen features abundant cabinet space, recessed lighting, and a breakfast bar perfect for casual meals. The primary suite includes a private bath with dual sinks and separate walk-in closets.
Zoned to highly rated Cy-Fair ISD and conveniently located in the heart of Cypress, with easy access to Hwy 290, TX-99, Fairfield, and a wide range of shopping and dining options.
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| Apr 24, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | Listed by Mark Dimas Properties | $549,000 | |
| Listed by Mark Dimas Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017