16403 Cimmaron Drive
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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.
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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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Aug 19, 2023 | Listed by BHGRE Gary Greene | $625,000 | |
| Listed by BHGRE Gary Greene | |||
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Built in 2022 this farmhouse home sits on almost an acre with a large shop. Tucked away in the wooded community of Stagecoach which features lakes with fishing. The lot has no backyard neighbor just tall shade trees. In addition to the 2 car garage you have plenty of parking including in the shop if desired. Shop could easily be modified (per seller) with RV overhang and the community allows horses. Covered front porch greets you home! Open floor plan is anchored by the large quartz island in the kitchen which offers popular white cabinets and stainless apps. The den has a soaring ceiling with second story windows and views of custom iron staircase railings. You'll find a second bedroom or study down in addition to the primary. Primary has quartz double sink vanity, soaking tub and separate shower. Upstairs - gameroom, 1.5 baths, 3 bedrooms and a media. Sellers added an extended back patio. Extras - window shades, all baths with quartz, led lighting, 2 half baths, low HOA dues.
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| Aug 5, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Keller Williams Premier Realty | $520,000 | |
| Listed by Keller Williams Premier Realty | |||
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**No showings at this time, still under construction ***Beautiful new custom home under construction. Property will feature Quartz countertops, stone/porcelain backsplash, Island kitchen, Stainless steel appliances. Hard surfaces and carpeted floors. Conveniently located close to Tomball, Magnolia, and The Woodlands. Nestled in Stagecoach Farms, a serene restricted neighborhood filled with wildlife, trees, parks, and picturesque lakes. 5 large bedrooms, 2 full baths, 2 half baths. Office down stairs and an additional Office/miscellaneous room upstairs. Sitting on 1.1 acres that backs up to a creek that feeds the lake. A quiet and safe place for a family or just to relax. All information including dimensions to be independently verified.
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| Jul 21, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017