2947 Dragonwick Drive
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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 |
|---|---|---|---|
| Sep 2, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by Forever Realty | $174,980 | |
| Listed by Forever Realty | |||
| | |||
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Completely remodeled and move-in ready. This beautiful 4-bed, 2-bath ranch home is located in a quiet street with friendly neighbors. Updates include new roof; new siding; fresh interior paint; new carpets; new light fixtures and new electrical switches and outlets throughout; new granite countertops, new sink and faucets in kitchen and all bathrooms; new tile floor and toilets in both bathrooms; new stove, euro-style range hood, dishwater and wall oven in kitchen; new shower place, new frameless shower door in primary bathroom, new bathtub with tile wrap in secondary bathrooms, new exterior front and back door, and a lot more. Per seller, home is NOT located in 100-year floodplain and was not flooded during Harvey.
Big backyard, no HOA and low tax. Easy access to FM-521 and Beltway-8. Minutes to NRG Stadium and Texas Medical Center, UH and downtown.
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| Apr 16, 2020 | Sold | ||
| Sold | |||
| Feb 25, 2020 | Listed by Word Realty | $100,000 | |
| Listed by Word Realty | |||
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017