46 Northgate 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%.
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 14, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Compass RE Texas, LLC | $1,500,000 | |
| Listed by Compass RE Texas, LLC | |||
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Nestled in The Woodlands, this recently remodeled home boasts a prime location on a sprawling acre lot on the 10th tee of the West Course. Step inside to discover a seamless blend of modern luxury and timeless elegance. The open layout allows natural light to flood every corner, highlighting the meticulous craftsmanship throughout. The gourmet kitchen is a chef's dream, featuring high-end appliances, custom cabinetry & quartz countertops. The spacious living area is perfect for relaxation and entertainment, while the formal dining room sets the stage for elegant gatherings. Retreat to the luxurious master suite w/ a renovated bathroom & a walk-in closet. The outdoor space is a true oasis, w/ a spacious patio for al fresco dining & a serene ambiance created by the lush landscaping. The Woodlands community provides access to renowned schools, shopping centers, dining options, parks & recreational activities. Experience the epitome of luxury living at 46 Northgate Drive.
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| Mar 1, 2021 | Sold | ||
| Sold | |||
| Dec 17, 2020 | Listed by RE/MAX The Woodlands & Spring | $1,025,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Nestled amongst the towering trees in the desirable Village of Grogan's Point, this stately home is a rare find on a an acre lot behind the 10th Tee of The Oaks golf course in The Woodlands, & enjoys privacy w/all the convenience of nearby amenities. Abundant updates throughout, including the conversion of the 1st floor to an open concept layout, finished out storage to an addt'l bedroom w/an ensuite, engineered hardwood flooring throughout the 1st floor, fresh paint, & more! The completely remodeled kitchen is a natural gathering place & chef's dream, featuring a custom island, complete w/dining seating. Picture windows along the length of the home provide gorgeous views of the park-like setting & bountiful natural light. Arched windows accent the main level master bedroom, which features his/hers closets, & luxurious ensuite. Enjoy relaxing on the expansive covered back porch, beside the refreshing salt water pool, or enjoying company surrounding the recently installed fire pit!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017