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21815 Grassy Hill Lane
About This Property
The second floor offers an office, a game room, and a charming balcony to relax and enjoy the outdoors. The maintenance fee covers front yard mowing, ensuring a hassle-free living experience for homeowners. Conveniently located just minutes from the Exxon campus and The Woodlands Mall, this home provides easy access to all your needs with its charming features and prime location, making it a true gem.
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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 |
|---|---|---|---|
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Compass RE Texas, LLC - Houston | $265,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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About Park at Meadowhill Run
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017