1622 Grable Cove Lane
About This Property
Relax on your private patio under the pergola in you custom landscaped fenced backyard or at the spa like community pool! Did I mention this home backs up to a greenspace!! HOA maintains exterior of structure, grounds and recreational facilities.
Zoned Klein ISD. This home would be perfect as a full time residence or an investment property!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Sep 24, 2021 | Listed by Coldwell Banker Realty | $229,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/24/2021
| |
3 Bed
|
2 Bath
|
1761 ft²
|
$229,000
3 Bed
2 Bath
1761 ft²
|
$294,142
+28.45%
12/30/2021
|
Michael McGinnis
Coldwell Banker Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017