19739 Redroot 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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by M&M Realty | $235,000 | |
| Listed by M&M Realty | |||
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Welcome to 19739 Redroot Drive. A Beautiful Single Story 3 Bedroom 2 Bath home in the Westlake Community of Houston, Texas. Built on a Corner Lot, this home boasts lovely tile flooring through out the main areas of the home. The Kitchen Area has been updated with Modern Granite Countertops, Cabinets, Stainless Steel Appliances and is located next to the Spacious Family Room with a Wood Burning Fire Place. Primary Suite comes with a huge closet and an ensuite bath. Covered Patio in the Back yard. Freshly Painted and MOVE-IN Ready! Zoned to Katy ISD Schools.
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| Dec 10, 2024 | No longer available | - | |
| No longer available | |||
| Dec 4, 2024 | Price Decreased |
$239,990
↓ $5K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017