21250 Doru 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 |
|---|---|---|---|
| Dec 27, 2023 | Sold | ||
| Sold | |||
| Nov 9, 2023 | Listed by HomeSmart | $230,000 | |
| Listed by HomeSmart | |||
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Welcome to 21250 Doru Drive! This special, 10-acre property is located in Cleveland, in the quiet and peaceful community of Peach Creek Plantation. Located just 45-minutes from Houston, 20 minutes from I-45 and I-59, just north of Hwy 105. It is a great place to build your custom home! Build now or later with no minimum build time. The front of the property has been cleared and includes a storage shed and picnic table. Experience country living here with a few fishing lakes and parks for you to enjoy! Feed the ducks, have your own picnic in one of the parks. Enjoy driving around the neighborhood in your golf cart or 4-wheeler. The subdivision has community water and electricity available. As an added bonus, extremely low tax rate, low HOA, and no MUD. Not located in a flood zone. Mobile homes are not allowed. Schedule your showing now.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017