31
Map
16218 Cypress Valley 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 2, 2026 | Listed by Compass RE Texas, LLC - The Heights | $285,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| Nov 2, 2022 | Sold | ||
| Sold | |||
| Sep 15, 2022 | Listed by RE/MAX Compass | $255,000 | |
| Listed by RE/MAX Compass | |||
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Charming, all brick, one story in Cypress Point! This adorable one story features a spacious family room with high ceilings and a beautiful floor to ceiling brick fireplace. Spacious eat in kitchen area is open to the kitchen and living with double doors opening up to the backyard. Hard to find 4 bedroom, one story-this home offers three secondary bedrooms with a secondary bathroom, and a large primary retreat. Once outside, the large backyard is full of trees and offers an abundance of shade. Walking distance to elementary school, middle school and recreation center. The community features a recreation center, tennis courts, a basketball court, lakes with walking trails and a newly remodeled swimming pool. Located off Hwy 290 and Spring Cypress Rd, you are a quick drive from the Cy-fair Town Center, Spring Cypress Village, and the Houston Premium Outlets. Zoned to the highly-rated Cypress-Fairbanks ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017