21222 Baileywood Drive
About This Property
Gorgeous stone/stucco elevation with flexible floor plan and lots of upgrades. Some of the features/upgrades include:
High ceiling; study/library with french door, which can also be used as fifth bedroom; breakfast bar; tank-less water heater; water softener; central vacuum system; full sprinkler system; french drain. Large family room with beautiful gas fireplace. Fabulous 4th BR in rear of home has en suite bathroom & living area/game room attached. Covered patio w/gas line for fire pit overlooks huge backyard with bayou view. Check the virtual tour for detailed view.
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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%.
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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.
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 |
|---|---|---|---|
| Jun 24, 2020 | Sold | ||
| Sold | |||
| May 16, 2020 | Listed by RealtyOne Plus, LLC | $329,000 | |
| Listed by RealtyOne Plus, LLC | |||
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017