20211 Water Point Trail
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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%.
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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.
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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 |
|---|---|---|---|
| May 22, 2023 | Sold | ||
| Sold | |||
| Apr 20, 2023 | Listed by Orchard Brokerage | $375,000 | |
| Listed by Orchard Brokerage | |||
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jul 9, 2022 | Listed by RE/MAX Associates Northeast | $369,900 | |
| Listed by RE/MAX Associates Northeast | |||
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It will be love at first sight! This stunning one story home has been meticulously maintained and beautifully decorated*It exudes warmth and charm and boasts a very flexible floorplan*The open concept kitchen-breakfast room-family room is ideal for relaxing or easy entertaining*There are four bedrooms and these owners use one of the secondary bedrooms as a study*The primary bedroom suite boasts a large bedroom plus an extra 13X14 attached room as a TV room/relaxing area. Also included is a bathroom with a separate tub and shower*Per owner, the Roof is 3 years old, AC 9 years old, Furnace 8 years old*Kings River is a lovely area and convenient to parks, a Water sport launch to Lake Houston, community pool, greenbelts and shopping in Kingwood or on FM 1960*Take a look, you won't be disappointed*True pride of ownership*A GEM!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017