16557 Stonecrest Drive
About This Property
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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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Listed by Top Guns Realty on Lake Conroe | $695,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Beautiful Trendmaker home on about 3.49 acres in the private equestrian community of Stonecrest. This 4-bed, 3.5-bath home boasts lovely wood floors, a formal sitting area/office, and a formal dining room. The kitchen is a highlight with granite countertops, stainless steel Bosch appliances, a breakfast bar, and an updated KitchenAid cooktop on the island. The primary suite has a tray ceiling, sitting area with a window seat, and a ceiling fan. The primary bathroom is stunning with granite countertops, double sinks, and beautiful cabinets that complement the tile details. Upstairs offers a game room, three secondary bedrooms, and ample storage. The garage features extra-wide doors, built-in cabinets, a whole house generator, and a fully insulated barn/building. Don't miss out on these impressive features!
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| Feb 28, 2023 | Sold | ||
| Sold | |||
| Sep 9, 2022 | Listed by CB&A, Realtors | $599,000 | |
| Listed by CB&A, Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017