50 Northgate Drive
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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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by RE/MAX Compass | $1,374,900 | |
| Listed by RE/MAX Compass | |||
| | |||
|
This stunning home sits on a oversized lot w/expansive view of the 10th hole on
Woodland Trails Golf Course in highly coveted Grogan's Point! Enter this
spacious home w/vaulted ceilings throughout,wall of windows along back,
travertine floors & multiple living spaces. The remodeled kitchen & laundry w/
new appliances, quartz counters, cabinet drawer storage & wall-in pantry
features island seating, 2nd dining & den w/fireplace that opens to the patio &
pool for easy casual entertaining. A large Primary Suite has private sitting room
w/golf views & exits 2 pool/patio, a luxurious bath w/courtyard view & exercise
loft. 2nd floor has 2 ensuite BR & 2 add’l BR w/ adjoining bath
plus, a central entertainment room which could easily be enlarged to give u a
massive game room for pool table/shuffleboard/trackman. Gated motor court
leads to 3-car garage w epoxy floors.Upgrades include roof/gutters/
insulation/primary HVAC/water heaters/garage doors/pool equipment. HOME NEVER FLOODED
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| May 13, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Compass Re Texas, LLC | $865,000 | |
| Listed by Compass Re Texas, LLC | |||
| | |||
|
Contemporary custom home located on the 10th fairway of The Oaks Golf Course on a .77-acre oversized lot in the desirable original estate section, Grogan's Point. Mature trees and park-like setting. Capture the golf course & pond views through the wall of windows across the back of the home. Completely remodeled kitchen is a natural gathering place w/ stainless steel Jenn Air refrigerator, range, Bosch d/w, marble floors, bar seating. Formal living & den w/ gas log fireplaces. Primary suite overlooks the golf course, has a private study & a loft that is perfect for home gym. Pool w/ diving board, spa & patio. Private gated driveway & 3 car garage. Enjoy privacy w/all the convenience of nearby amenities. Abundant updates throughout, including Minka fans, frameless shower with spa-like plumbing, exterior coach lights, fresh paint, & more! 4 bedrooms up plus a spacious hang-out loft upstairs. 24/7 security guard. Private lush views (no cart path), huge lot-a rare gem!
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About The Woodlands
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Last Updated: 4 months ago
Data Source: HAR , MLS# 63515152
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