46
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3911 Highpines Drive
About This Property
Inside, you'll find a warm and inviting living space featuring a gas-log fireplace, blinds on all windows, and low-maintenance tile floors. The front living room would make for a nice home office. Both bathrooms have been tastefully updated with new sinks, countertops, and toilets. Additional upgrades include covered gutters, a new front door, and a new deck door. Step outside to the spacious deck-recently cleaned and sealed-perfect for relaxing or entertaining guests. Conveniently located near FM 1960 and Highway 45, commuting is a breeze. Owners also have the option to enroll their children in Klein ISD.
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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%.
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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Listed by Equity Real Estate | $270,000 | |
| Listed by Equity Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017