16247 Morningbrook Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 8, 2021 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by RE/MAX Compass | $415,000 | |
| Listed by RE/MAX Compass | |||
| | |||
|
Beautifully maintained & updated custom 4 bed, 3.5 bath home located on a premier large cul-de-sac lot in Champion Forest. 3-car fully insulated garage w/epoxy flooring & half bath; Pella high efficiency windows; 50-year roof installed in 2017; Two recently updated HVAC systems; whole house air purification system; alarm/security system w/ hardwired windows & doors; radiant barrier in attic of house & garage; New LED lighting throughout; New flooring including wood laminate in living room, dining room, stairs; New paint throughout; Large island kitchen updates include quartz countertops & new fixtures; Crown molding; Vaulted ceilings; Primary bath w/ jetted tub, separate shower, double vanity; Sprinkler system; Pool w/ 2 Polaris pool cleaners; Fiber optic internet via AT&T; Washer, dryer, refrigerator stay w/ the house; Floored attic storage in house & garage. Features & Upgrades list attached. Nationally recognized Klein ISD. No flooding.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Champion Forest
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,985 /mo
- 4 Beds
- 2 Baths
- 2,572 ft²
$2,100 /mo
- 4 Beds
- 2 Baths
- 1,949 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017