16615 Chill Brook 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%.
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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 |
|---|---|---|---|
| Jul 18, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by Greenwood King Properties | $225,000 | |
| Listed by Greenwood King Properties | |||
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Stunning newer (2018 per HCAD) construction home Near Northwest Houston! Conveniently located in the desirable up-and-coming community of Hillsdale Creek, this 4BR/2BA home impresses with exterior brick detailing, neat landscaping, and a lovely covered entryway. Bathed in luminous natural light, the openly flowing layout welcomes with high ceilings, stylish tile flooring, a calm color scheme, and an oversized great room. Perfect for entertaining, the open concept kitchen features Energy Star appliances, a gas range, a breakfast bar, and a pantry. Host gatherings in the large fully fenced backyard, which has a patio with plenty of room for hanging out and grilling. The primary bedroom features a walk-in closet and an en-suite with dual sinks. Close to Bear Creek Pioneers Park, which offers a baseball field, lighted jogging trail, playground, and much more. Schools are zoned to the desirable Cypress-Fairbanks ISD (Buyer to verify eligibility).
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017