19143 Groveway Drive
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Nov 29, 2024 | Listed by LPT Realty, LLC | $320,000 | |
| Listed by LPT Realty, LLC | |||
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This completely remodeled oversized doublewide mobile home built in 2004 is located in the Timberland Grove subdivision of Porter, TX. The property features 4 very spacious bedrooms and 2 full bathrooms with all the modern upgrades for you to enjoy. Make this 2,280 square feet home yours today and enjoy the 1.5-acre lot that offers a lot of possibilities for your family. Shed stays with the property. A fully fenced yard and a circular driveway provide unlimited parking for guests. Zoned to New Caney ISD. Ceiling fans in every room. Lots of natural light throughout. New stainless steel appliances and lots of storage in the kitchen with a large island, great for entertaining. Double glass doors lead out to the covered back porch to enjoy your acreage. Still room to build another home or a pool at buyer's discretion. Make your appointment today to view this property.
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Property Highlights
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About Timberland North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017