16834 Hemlock Grove 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%.
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 |
|---|---|---|---|
| Jan 27, 2023 | Sold | ||
| Sold | |||
| Aug 14, 2022 | Listed by Keller Williams RealtyNortheast | $374,900 | |
| Listed by Keller Williams RealtyNortheast | |||
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Resort Style Living- 4 bedrm, 2.5 bath 1-story features a large open floorplan located in one of North Houston's most desirable communities (The Groves). Immaculate & move-in ready. You will love the stunning plantation shutters, high ceilings, island kitchen with white cabinets & stainless-steel appliances & granite counters, cultured stone fireplace w/gas logs & stone-like tile flooring extends thru the main living areas. Large open arches add architectural interest. Primary en-suite w/soaking tub, large walk-in shower & 2 vanities. The covered patio is the perfect for outdoor entertaining. Lush landscaping provides A+ curb appeal. Community amenities: State-of-the-art fitness center, playground, fire pit, yard games, splash pad, resort-style pool, hammocks, catch & release fishing pond & pier, basketball, soccer & picnic benches. close to a Dog park, walking & biking trails, golfing & boat ramps. Nearby airport, restaurants & shopping, too!
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| Dec 29, 2021 | Sold | ||
| Sold | |||
| Dec 14, 2021 | Listed by Keller Williams Realty - Memor | $349,500 | |
| Listed by Keller Williams Realty - Memor | |||
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RESORT STYLE LIVING - 3D walkthrough - Welcome to this 4 Bed, 2 ½ Bath, 2,300+ sq. ft. home in the HIGHLY desired community of The Groves. Nestled in the neighborhood, immaculate manicured landscaping, attached 2 car garage, fully fenced, covered patio ready for entertaining. Well maintained, inside and out, the inside features: open concept, newly installed shutters, stone-like tile flooring, large open arches, stainless steel appliances, granite countertops, tile backsplash, kitchen island, walk-in closets, primary ensuite with soaking tub and large walk-in shower, fire place, and laundry room. Some Community Amenities: fire pit, state-of-the-art fitness center, Playground, yard games, Splash Pad, resort-style pool, hammocks, catch & release pond, basketball, soccer, & picnic benches. Nearby you have: fishing pier, dog park, walking & biking trails, golfing, boat ramps, motorsports park, Downtown Houston (28 Mins), airport (IAH - 20 mins), restaurants, shopping, and so much more!
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| Aug 31, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017