16711 Cactus Blossom Trail
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 |
|---|---|---|---|
| Sep 28, 2021 | Sold | ||
| Sold | |||
| Jul 31, 2021 | Listed by Compass RE Texas, LLC | $389,000 | |
| Listed by Compass RE Texas, LLC | |||
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Beautiful 4 bedroom 3.5 bath Lennar home, with a Brand New 2021 AC!! Centrally located in the back of the much sought after Master Plan Community of FAIRFIELD. Walking distance to the dog park, splash pad, a gorgeous Lake, and to the Middle and Elementary School. First floor primary bedroom with two granite topped vanities, soaking tub, a frameless glass shower & walk in closet. The Kitchen is open to both the breakfast room as well as the Family room featuring a glowing fireplace and large windows providing lots of natural light. Upstairs you will find 3 spacious secondary bedrooms, each with a walk in closet, two full bathrooms, and a large game room. Conveniently located close to shopping, restaurants and highways making it an easy commute. Zoned to top rated Cy-Fair ISD schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017