197 Grogans Point Road
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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 18, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2023 | Listed by Keller Williams Woodlands | $1,599,000 | |
| Listed by Keller Williams Woodlands | |||
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DID NOT FLOOD IN HARVEY! Unique and gorgeous custom home on 1.74 acres of wooded land in the exclusive Grogan's Point Community in The Woodlands. New gated entrance into the circular driveway welcomes you to your new home. Gorgeous back patio and outdoor kitchen area where you can wind down your day while enjoying a lovely sunset by the pool! Open Gourmet Kitchen area and a beautiful remodeled Primary Bathroom. Hardwood floors throughout the first floor, a cozy and elegant fully paneled study w/alcove & built-ins; SS appliances, planning nook, wine chiller and a secluded master suite w/ext door to the pool Area. (2) walk-in attics; large bedrooms and new light fixtures throughout the whole home. Walking distance to parks and located close to I-45, Market Street, Hughes Landing, Woodlands Mall, Waterway, Golf course and Exxon Main Campus!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017