47 Prosewood 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.
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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by Keller Williams Realty The Woodlands | $589,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| | |||
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Fantastic location near all that The Woodlands has to offer! This charming 1.5-story home with stone and stucco elevation is nestled in a quiet cul-de-sac in the sought-after Grogan’s Forest neighborhood. The open floor plan features updated engineered wood floors, a spacious family room with a double-sided stacked-stone fireplace, and plenty of natural light. The kitchen includes ample cabinet and counter space, a new dishwasher, farmhouse sink, and chef’s desk. The master retreat is spacious with lots of natural light, while the updated bathroom features a walk-in rainfall-style shower. Upstairs is a versatile space that can serve as a bedroom, game room, or media room with a closet and full bath. Enjoy outdoor living with a covered patio, full outdoor kitchen, and spacious backyard, perfect for entertaining. Recent updates include paint, lighting, water heater, landscaping, fence, and more! Located within walking distance to the Waterway, Hughes Landing, Market Street & parks!
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| Sep 10, 2019 | No longer available | - | |
| No longer available | |||
| Jul 21, 2019 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017