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2 Blue Bungalow Drive
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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 |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Mar 9, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by Compass RE Texas, LLC - Katy | $875,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
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2 Blue Bungalow Drive is a stunning home in the desirable Creekside Park community in Spring. With 4 bedrooms and 3.5 bathrooms, it offers ample space for living and entertaining. The formal dining room, home office, and upstairs game room provide areas to work and play. The open, bright living space features a wall of windows with backyard views. The chef’s kitchen boasts stainless steel appliances, granite countertops, a designer backsplash, a large island bar, and plenty of prep space. The spacious primary suite includes a walk-in closet and a private bath with a soaking tub and separate shower. Upstairs, the game room, 3 bedrooms, and 2 baths offer comfort and privacy. Outside, a covered patio, pool, and spa on an oversized lot create a perfect setting for gatherings and relaxation. Enjoy walks to the park and elementary school, plus easy access to top shopping and dining in The Woodlands. A truly exceptional home in a prime location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017