2427 Ballard Court
About This Property
Beautiful home with granite kitchen counters, lots of natural light throughout, high ceilings, formal dining room. Spacious master bedroom suite located on the first floor with a view of the pool area. Master Bath with jetted tub, shower, and walk-in master closet.
The three bedrooms plus Gameroom are located upstairs.
Desirable neighborhood w/ Community Pool, clubhouse, two playgrounds (one is walking distance from this home). Klein ISD schools. Close to Exxon Mobile Campus, lots of new Restaurants and Shopping around. Quick access to I-45 and the Grand Pkwy.
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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%.
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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 |
|---|---|---|---|
| Dec 31, 2019 | Sold | ||
| Sold | |||
| Dec 9, 2019 | Listed by Keller Williams Realty | $265,000 | |
| Listed by Keller Williams Realty | |||
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Last Updated: 3 years ago
Data Source: HAR , MLS# 48737753
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017