21506 Old Hannover 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%.
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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 |
|---|---|---|---|
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Dec 26, 2021 | Listed by Martha Turner Sotheby's | $350,000 | |
| Listed by Martha Turner Sotheby's | |||
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Exquisitely remodeled 5 bedroom family home that was made for entertaining. Upon entry, notice the high ceilings allowing for ample natural light, and the modern open floor plan leading into the large family room. Attention to detail with intricate molding & paint. Overlooking the family room is the spacious kitchen with an island, painted cabinets, and granite counters. On trend flooring recently done throughout the downstairs. Working from home is easy with the downstairs office/bedroom. Ascend the imperial staircase to 4 bedrooms before entering the large gameroom. Enjoy a massive primary bedroom including a grand sitting area with plenty of windows. The primary bath features a stand-alone rectangle tub and an updated shower with custom tile and frameless glass. Take in the Texas air on the spacious deck with a pergola and stained fence with beautiful lighting. Quiet neighborhood just minutes from restaurants, shopping & The Woodlands. Close to the airport and major highways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017