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1638 Fall Valley Drive
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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 |
|---|---|---|---|
| Jul 26, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Memorial | $600,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Memorial | |||
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by Keller Williams Realty The Woodlands | $585,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Welcome home! Ideally located in Houston’s energy corridor, this beautifully crafted two-story home features 4 bedrooms and 2.5 baths. The layout is both functional and inviting, boasting elegant, soaring ceilings with exposed beams enhancing the spaciousness, complemented by a cozy yet generously sized dinning room and breakfast nook off of the kitchen. Naturally lit, the sun pours in from every room with stunning views of the backyard oasis—perfect for entertaining, summer days by the pool, and peaceful relaxation beneath the shade of a beautiful, mature oak tree. Large primary suite is located downstairs, while three custom-designed bedrooms await upstairs—each with unique touches. Recent foundation repair completed prior to listing comes with a transferable lifetime warranty for peace of mind. Freshly painted, well-maintained, and full of charm, this home is truly turnkey and ready for it's next chapter!
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| Dec 9, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017