16303 Mill Point Drive
About This Property
Welcome to this 4 bedroom home in Clear Lake City's Middlebrook subdivision. Formal living room/flex space at the front of the house. Charming brick fireplace in the family room. The kitchen offers stainless steel appliances. Breakfast nook is an added feature with lots of natural light. All four bedrooms are on the opposite side of the house. Step outside onto a the patio that's perfect for grilling or entertaining with an atrium for extra privacy. Plenty of yard space to run and play. This home is just a few doors away from a beautiful walking path along the bayou and is within easy walking distance to the neighborhood pool, park, and tennis courts. Great location with nearby retail and close proximity to I-45. Children here attend highly rated CCISD schools including Clear Lake High School. Washer, Dryer, Refrigerator, and Microwave included!!! Updated double pane windows and sliding doors!!! This house won't last long!!!!
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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%.
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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 |
|---|---|---|---|
| Feb 7, 2022 | Sold | ||
| Sold | |||
| Jan 6, 2022 | Listed by Century 21 Realty Partners | $275,000 | |
| Listed by Century 21 Realty Partners | |||
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BEST and FINAL Offers due Sunday, 1/9/22 at 5:00pm.
Welcome to this 4 bedroom home in Clear Lake City's Middlebrook subdivision. Formal living room/flex space at the front of the house. Charming brick fireplace in the family room. The kitchen offers stainless steel appliances. Breakfast nook is an added feature with lots of natural light. All four bedrooms are on the opposite side of the house. Step outside onto a the patio that's perfect for grilling or entertaining with an atrium for extra privacy. Plenty of yard space to run and play. This home is just a few doors away from a beautiful walking path along the bayou and is within easy walking distance to the neighborhood pool, park, and tennis courts. Great location with nearby retail and close proximity to I-45. Children here attend highly rated CCISD schools including Clear Lake High School. Washer, Dryer, Refrigerator, and Microwave included!!! Updated double pane windows and sliding doors!!! This house won't last long!!!!
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Property Highlights
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Price/ft²
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About Clear Lake
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Last Updated: 6 months ago
Data Source: HAR , MLS# 60608107
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