16738 N Gull 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 |
|---|---|---|---|
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Nov 15, 2021 | Listed by Compass Re Texas, LLC | $259,990 | |
| Listed by Compass Re Texas, LLC | |||
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Stunning 2015 built 2-Story Home in Growing Area conveniently located off SH242 just minutes to I45! This Charming 4 Bedroom, 2.5 Bath Beauty is Ready for Immediate Move In and is Sure to Please! Fantastic Layout w/Light & Bright Family Room just off the Well Appointed Kitchen & Dining Room accented by recent Luxury Vinyl Flooring + Under Cabinet Lighting + Gas Range - Refrigerator is Included! Generously sized 1st Floor Secondary Bedroom or Optional Home Office is located just off the Oversized Half Bath! Upstairs boasts 3 Additional Bedrooms (including Primary), 2 Full Baths (Primary w/Dual Sinks, Luxury Vinyl Flooring, Sep Tub & Shower) Game Room + Utility area - Washer & Dryer are included as well! Take Advantage of the extra Privacy w/NO front Neighbors! Large Back Yard w/Solar Screens Added to Rear Windows! Location Location Location! Easy Access to I45, Shopping, Hospitals, The Woodlands Mall & Market Street... Conroe ISD!
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About Gleneagles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017