22511 Birch Point 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%.
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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | No longer available | - | |
| No longer available | |||
| Sep 10, 2024 | Listed by WM Realty TX LLC | $310,000 | |
| Listed by WM Realty TX LLC | |||
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MULTIPLE OFFERS RECEIVED - PLEASE SUBMIT HIGHEST & BEST BY 9/24/2024 @ 6:00 PM Charming 3 bedroom, 2 bath home in the peaceful Creekstone Community. The family room opens to the kitchen with granite countertops and stainless steel appliances After a long day, retreat to the spacious primary bedroom & bath w/ granite countertops, double sinks, separate soaking tub and his & hers closets. Easy access to Hwy 99, I-10, and Westpark Toll Rd. A few miles to major groceries, restaurants, Katy Asian Town, Costco, La Centierra, and many more. Katy ISD and zone to Cinco Ranch High School. The property features, 3 bedrooms, 2 baths, formal dining, breakfast area, master separate shower and tub. Creekstone offers community activities including a large swimming pool, children’s playground and lighted tennis courts. NOT IN A FLOOD ZONE!
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| Aug 7, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017