3622 Bluebonnet Trace 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%.
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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.
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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 29, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Price Decreased |
$438,000
↓ $12K
(2.7%) | |
| Price Decreased | |||
| Sep 28, 2025 | Price Decreased |
$450,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Sep 17, 2025 | Listed by RE/MAX Integrity | $465,000 | |
| Listed by RE/MAX Integrity | |||
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Charming 1 story loaded with upgrades on a quiet, low traffic street, walking distance to schools in the gated community of Harmony Creek. Backyard oasis with large extended covered patio, sparkling pool with chiller & heater, fire pit, lush privacy landscaping + plumbing for outdoor kitchen. Engineered hardwoods & tile throughout (NO CARPET). Beautiful island kitchen open to the sun-drenched family room with corner fireplace. Formal (flex room) & casual dining areas + bar seating in the kitchen makes for great entertaining. Rotunda tray ceiling, crown molding, neutral colors & great closets. Huge primary BR with a spa-like ensuite with double sinks, jetted tub, separate shower & walk-in closet. Spacious secondary BR's + oversized garage. Harmony offers 2 pools, parks, splash pads, walking trails, tennis, basketball, fitness center + club house. Easy access to 99, 45, Hardy, 59, The Woodlands, airport, shopping, restaurants, top medical care & entertainment. Floor plan attached.
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About Montgomery
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$1,100 /mo
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017