21927 Cascade Hollow Lane
About This Property
Spring Terrace. Stunning brick elevation w/ manicured, sprinkled landscaping is just the beginning of the
great appeal this home offers. Enter to find a pristine, well-appointed, open floor plan w/ consistent flooring
& neutral colors throughout. The bright & airy interior features formal dining room, spacious living room,
4th bedroom/study w/ French doors & 2 additional bedrooms w/ generous closets. The gourmet island
kitchen w/ luxurious granite countertops, subway tile backsplash & stainless-steel appliances is open to
the large family room & breakfast area. The private primary w/ sitting area boasts an en-suite primary
bath w/ soaking tub, separate shower, double sink vanity & extra-large walk-in closet. Amazing location
just minutes from the Grand Parkway, The Woodlands, shopping, restaurants, entertainment not to mention
Klein ISD! (Buyer to verify eligibility)
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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 |
|---|---|---|---|
| Mar 20, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by Greenwood King Properties | $324,990 | |
| Listed by Greenwood King Properties | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017