16846 Beechwood Forest Way
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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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Keller Williams Signature | $485,000 | |
| Listed by Keller Williams Signature | |||
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Step into the lap of luxury w/this stunning Perry Home tucked away in the highly sought-after community of The Groves, mere minutes away from Lake Houston. Easy access to shopping & restaurants, this home sits on an oversized corner lot. Fantastic custom upgrades (over 40k) include a whole home water softener w/an alkaline filtration system at the sink, new wood-look tile flooring (no carpet!), high end lighting, gorgeous bath remodel, & a stunning electric fireplace w/modern surround. The office can be used as a game room (currently a play room) & has elegant French doors conveniently adjacent to the kitchen. Every bedroom in this home ample walk-in closets. Plus, enjoy the convenience of a mud room just off the two-car garage. Outside, indulge in outdoor living at its finest on the expansive covered patio and extended paved space. DON’T MISS THE BIG SIDE YARD- large enough for a POOL.
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| Jan 9, 2024 | No longer available | - | |
| No longer available | |||
| Aug 4, 2023 | Listed by Realm Real Estate Professionals - Katy | $525,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
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Beautiful, like-new Perry Home in the sought out Master planned community: The Groves; where nature meets luxury, located in Humble, near Lake Houston. This gorgeous house sits on an extensive corner lot, meticulously landscaped with a pathway that takes you to its 13-foot ceiling entryway which welcomes you to the open kitchen, dining room, and cozy family room. This property features a large game room/flex room with French doors just across the kitchen. It also has a guest/in-law suite with its own full bathroom. ALL bedrooms have walk-in closets. Mud room off the two-car garage. Sprinkler system, big, covered patio with extended paver space. Lastly, recent upgrades includes newly remodeled secondary bathroom, new wood tile on all rooms (No carpet), new modern fireplace, and much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017