16730 N Gull 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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | In contract | - | |
| In contract | |||
| Jan 25, 2025 | Listed by Ferris Realty | $239,000 | |
| Listed by Ferris Realty | |||
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This updated 2-story, 3-bedroom, 2.5-bath home sits on a spacious corner lot with easy access to HWY 242 and I-45, placing The Woodlands’ restaurants, shopping, entertainment, and medical facilities just minutes away. No mandatory HOA or HOA dues. Inside, the home features fresh paint, new carpet, updated lighting fixtures, and a brand-new dishwasher (installed December 27th). The downstairs boasts new luxury vinyl plank flooring in the foyer, living room, dining room, hallway, laundry, and half bath. The living room showcases a stylish shiplap accent wall, flowing seamlessly into the dining area. The kitchen includes a custom tile backsplash and a new backdoor leading to a large patio. Upstairs, the expansive primary suite offers high ceilings, and an ensuite bath with a soaking tub, separate shower with a tiled surround and large walk-in closet. Two additional bedrooms and an updated guest bath with luxury vinyl plank and custom tile complete the upstairs.
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About Gleneagles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017