16908 Tableland Trail
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%.
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 |
|---|---|---|---|
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by Inspired Realty & Co. | $299,000 | |
| Listed by Inspired Realty & Co. | |||
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Multi-generational property located directly across the street from the splash pad, playground, pool, and rec area!! Steps away from your front door is a perfect day spent with the family. Truly a rare find! 2-year-old roof!! New paint, new carpet, and an extended patio make this home a turnkey property. Downstairs is a full bedroom with a half bath that can easily be plumbed for a standing shower in the closet. Upstairs you'll find a large game room or second living space, a primary bedroom with 2 closets, dual vanities, and a soaking tub. A secondary bathroom and two bedrooms with laundry can also be found upstairs. This booming area of town has all the newest shopping, restaurants, and grocery stores within seconds of the home. You'll love the easy access to I-45 and The Woodlands. Houston is a short drive of only 20 minutes. Don't miss the fastest-growing area of town and the perfect family home!
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Property Highlights
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About Montgomery Creek Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017