21546 Falvel Lake Drive
About This Property
The primary suite includes a separate shower, soaking tub, walk-in closet along with updated lighting & mirrors. Out back there is an awesome covered patio overlooking the backyard filled with mature trees. The roof is only 2 years old and there is recent fencing as well. There is a large pond just a short walk down the street. Zoned to Klein ISD schools. This one will not be available long! Come see it today.
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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.
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 2, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $225,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
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This fantastic, adorable home is super clean and ready for move-in. It has been meticulously maintained and sits in a perfect location with close proximity to TX-99, I45 and The Woodlands. This split plan 3 bed, 2 bath home has an open concept kitchen and family room. There is beautiful stone-look tile throughout the living areas...carpet only in the bedrooms. There is neutral paint throughout and plenty of large windows for natural light. The kitchen boasts ample countertop and cabinet space along with a gas cook-top. All bedrooms have good sized closet/storage space.
The primary suite includes a separate shower, soaking tub, walk-in closet along with updated lighting & mirrors. Out back there is an awesome covered patio overlooking the backyard filled with mature trees. The roof is only 2 years old and there is recent fencing as well. There is a large pond just a short walk down the street. Zoned to Klein ISD schools. This one will not be available long! Come see it today.
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About Meadow Hill Run
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017