31118 Gullwing Manor Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 12, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | Listed by ListWithFreedom.com | $455,888 | |
| Listed by ListWithFreedom.com | |||
| | |||
|
Welcome to Raleigh Creek, a highly desirable neighborhood in Tomball, TX! This beautiful 2-story home boasts 5 beds & 3 baths, an office, and a dedicated media room. Built at the end of 2020, still brand spanking new! The open floor plan is perfect for entertaining guests and enjoying time. The spacious master suite offers a wonderful bathroom with dual sinks, garden tub & separate shower, and a massive walk-In closet! Large island kitchen with granite countertops and under cabinet lighting. Vaulted ceilings in the living room. The back patio is fitted with a gas line for outdoor grilling. Side yard features a large raised garden bed. The home is upgraded with a large capacity water softener and filtration system. A tankless water heater ensures that you will always have hot water on demand. Additionally, the home is located just a few minutes away from the schools in the highly acclaimed Tomball School District, as well as several amazing parks.
| |||
| Feb 28, 2021 | Listed by Turner Mangum,LLC | $363,691 | |
| Listed by Turner Mangum,LLC | |||
| | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017