23 S Drifting Leaf Court
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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 |
|---|---|---|---|
| Jul 6, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by Woodrow Realty | $340,000 | |
| Listed by Woodrow Realty | |||
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This fully remodeled 4 bedroom home located in the desirable neighborhood of Grogan's Mill will have you ready to pack your bags. An extensive remodel this year included downstairs wood look tile flooring, interior and exterior paint, a fully renovated kitchen, updated half bath, Primary bathroom remodel and a new deck. Interior Designer approved Sherwin Williams Superior paint colors were selected for both the interior and exterior. Every inch of this home has been painted. AC and hot water heater replaced in 2016. Roof and siding replaced in 2018. Carpet upstairs replaced in 2019. Stair banister and spindles replaced 2019. Ask your realtor for the full updates list. Location could not be any better! Only a few miles to The Woodlands mall, waterway, town center and Pavilion. Easy access to Sawdust and 45. Several nearby amenities. Conroe ISD. All bedrooms are upstairs. Open House Saturday 11am to 3:30pm. Come take a look and get your offer in before it's gone.
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| Oct 2, 2019 | Sold | ||
| Sold | |||
| Aug 1, 2019 | Listed by Woodrow Realty | $239,999 | |
| Listed by Woodrow Realty | |||
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Freshly remodeled and move in ready! This 4 bedroom home has recently undergone an extensive remodel. Fantastic Up-Front Location of Grogan's Mill, close to everything you need and more. Easy access to I-45, Hardy, Grand Pkwy, Market Street, Woodlands Waterway/Town Center/Mall and Golf course. The large living room features a soaring ceiling and lovely fireplace. No carpet at all downstairs! 4 bedrooms plus a gameroom up. New paint, trim, doors, light fixtures, carpet and a new bannister with decorative iron spindles. Large windows and loads of natural light throughout. The backyard is fully fenced, ideal for children or pets. The deck and outdoor firepit are an added bonus for your outdoor entertaining. Roof was replaced in 2018 & AC replaced in 2016 per seller. All of the hard work has been done and this home is ready for its new owners. Don't miss your chance to own a move in ready home at a great price in Grogan's Mill of The Woodlands.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017