16427 Pradera 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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | No longer available | - | |
| No longer available | |||
| Nov 21, 2024 | Listed by Keller Williams Realty Southwest | $227,000 | |
| Listed by Keller Williams Realty Southwest | |||
| | |||
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Welcome to 16427 Pradera Dr in Houston, TX! Nestled in the inviting Mission Green North neighborhood, this charming home features 3 spacious bedrooms and 2 bathrooms, making it perfect for families and entertaining. The home boasts new laminate flooring throughout and has been freshly painted. The open kitchen offers ample cabinet space and granite countertops, seamlessly connecting to the family room. The cozy living room is highlighted by a wood-burning fireplace. The large primary bedroom, includes a bath with double sinks and walk-in closets. Outside, the expansive yard is perfect for gardening, play, or relaxation. Plus, you’ll be conveniently close to excellent schools, shopping, dining, and recreational activities.
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| Oct 9, 2024 | Price Increased |
$238,000
↑ $8K
(3.5%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017