21239 Park Royale 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 |
|---|---|---|---|
| Oct 10, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by Greater Houston REP, Inc. | $300,000 | |
| Listed by Greater Houston REP, Inc. | |||
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Welcome to this charming home with multiple room additions! Step into the dining area that flows into the living room on either side of the retro-cool brick fireplace. The open kitchen overlooks both living and dining and provides a breakfast nook with large windows that provide great natural light. The primary bedroom connects to one of the additions creating a great space for an office or workout room. A large additional bedroom and gameroom/flexroom have also been integrated into the later expansions. These rooms create so much potential for the work from home family, homeschooling family, multi-generational family, etc... Located in a well-established neighborhood with 2 pool/rec areas, it's own elementary & middle school, this home offers easy access to I-10 & Houston's energy corridor. Updates within the last 7 years, new roof, radiant barrier, blown in insulation in walls and attic, new backyard fence, bathroom showers and primary vanities. Check out the low tax rate & HOA!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017