16955 Chapel Knox Drive
About This Property
Built in 2024, this 1,830 sq. ft. home features 3 bedrooms, 2.5 baths, and a 6,598 sq. ft. lot. The open layout gives you room for family time, quiet mornings, and entertaining friends. Step outside and enjoy a backyard with no homes directly behind you.
The Groves offers trails, outdoor activities, community amenities, and neighborhood events. Zoned to Humble ISD with convenient access to Atascocita, Humble, Lake Houston, Beltway 8, and major commute routes.
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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 |
|---|---|---|---|
| Aug 11, 2026 | Listed by RE/MAX Integrity | $395,000 | |
| Listed by RE/MAX Integrity | |||
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Perry Homes Realty, LLC | $359,900 | |
| Listed by Perry Homes Realty, LLC | |||
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Entry with 11-foot rotunda ceiling leads to open kitchen, dining area and family room. Kitchen features corner walk-in pantry and generous island with built-in seating space. Primary suite includes double-door entry to primary bath with dual vanities, separate glass-enclosed shower and large walk-in closet. Home office with French doors set at back entrance. Large windows, extra closets and bonus mud room add to this spacious three-bedroom home. Covered backyard patio. Two-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017