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16941 Larkspur Street
About This Property
New roof and fencing on three sides completed. Back covered porch for the easy breezes in the evening. Neighborhood pool with park and playground for the kiddos. The rest is up to the keen eye of the new owners. Open canvas for the liking. Minutes to The Woodlands mall and all it has to offer with entertainment, restaurants, bars, cinema's, hike & bike trails forever. Come view this home and let's get started.
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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 |
|---|---|---|---|
| Oct 13, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2026 | Listed by LPT Realty, LLC | $175,000 | |
| Listed by LPT Realty, LLC | |||
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About Gleneagles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017