16827 Gleneagle Drive N
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%.
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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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | In contract | - | |
| In contract | |||
| Dec 9, 2023 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $224,900 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
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Welcome Home to this 1-Story 4-bedroom 2-bath home located in the well-established Gleneagles Community. Ready for immediate move in. Open living floor plan with vaulted ceiling. The entry, living room, kitchen, and dining area all have tile flooring, New carpet in hallway and bedrooms. Large Primary and Secondary bedrooms and closets, Good storage throughout. Big fenced backyard perfect for family gatherings or a new pool. A prime location in this rapidly growing market, this home offers excellent investment potential. Minutes from I-45, shopping, medical, schools, and entertainment.
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About Gleneagles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017