16803 Fallen Leaf Way
About This Property
Den area has custom built-ins and access to wet bar area, upgraded carpet continues throughout Den. Primary suite with private bathroom, double vanities, and walk-in Closet.
Great sized side yard with recent wood Patio deck 9x10, recent wood fencing and recent brick wall. Low tax of 2.57%, CCISD, Johnson Space Center area, 20 minutes to Hobby Airport, 30 minutes to Galveston, Close to shopping and Medical. Home warranty provided by seller!
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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 |
|---|---|---|---|
| Nov 10, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2022 | Listed by Coldwell Banker Realty | $265,000 | |
| Listed by Coldwell Banker Realty | |||
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Desirable Patio Home in University Green with private Gated Entry on a corner lot. Spacious Livingroom with Cathedral Ceilings, Wood Beams, Open to Kitchen, Fireplace with wood Mantel, Recent upgraded carpet, Wet bar with a built-in wine rack. Kitchen with recent custom ceramic wood like Tile, Breakfast bar and Breakfast seating area.
Den area has custom built-ins and access to wet bar area, upgraded carpet continues throughout Den. Primary suite with private bathroom, double vanities, and walk-in Closet.
Great sized side yard with recent wood Patio deck 9x10, recent wood fencing and recent brick wall. Low tax of 2.57%, CCISD, Johnson Space Center area, 20 minutes to Hobby Airport, 30 minutes to Galveston, Close to shopping and Medical. Home warranty provided by seller!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017