1631 Gingerleaf Lane
About This Property
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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 |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by Keller Williams Premier RealtyKaty | $433,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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Nestled on an excellent highly desirable subdivision in Westwood Forest, Spring Branch area. Entry boasts a high ceiling. This light and bright house is great for entertaining with wet bar and backyard deck. 2 story high ceilings grace the living are and kitchen. Primary bedroom in first floor has jetted tub and walk in shower, dual vanities and walk in closet. 2 bedrooms upstairs with full secondary bathroom. Refrigerator, washer and dryer are all included. Zoned to highly acclaimed Spring Branch ISD Memorial HS and Valley Oaks Elem. Minutes from I-10, shopping, restaurants and hospitals. Currently occupied by tenant so please contact the listing agent for details.
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About Northwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017