16930 Folsom 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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Relisted | $170,000 | |
| Relisted | |||
| Feb 8, 2024 | Listed by Keller Williams Platinum | $170,000 | |
| Listed by Keller Williams Platinum | |||
| | |||
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Price improvement!! Do NOT miss out on this beautiful home!! You don’t want to miss this charming 3-bedroom home in Sheldon Woods, which features a beautiful brick front, tile flooring, crown molding, large airy windows, a formal living room, open great room, dining area, converted garage space that can be used for a variety of purposes, and a patio in the large backyard. Spend time in the open kitchen, complete with tile countertops, tile backsplash, gas stove top, and breakfast bar. The comfortable primary suite includes a walk-in closet and a tub with shower. Situated right off US 90 and Hwy 8, residents have easy access to central Houston. This home is mere minutes from Sheldon Lake State Park, and a variety of other parks, lakes, and trails in the area. Walking distance to schools a part of Sheldon ISD.
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| May 19, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017