31
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531 Carina Gaze 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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Listed by Connect Realty.com | $410,000 | |
| Listed by Connect Realty.com | |||
| Jul 18, 2025 | Listed by Connect Realty.com | $399,000 | |
| Listed by Connect Realty.com | |||
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Welcome to 531 Carina Gaze in Willis, Texas—a stunning one-story, five-bedroom home offering elegance, comfort, and functionality. The open-concept design features gorgeous wood flooring and thoughtful details throughout. Perfect for entertaining or relaxing, this home includes an adorable garden space, a spacious backyard, covered back patio, and upgraded automatic 5-fixture garage lighting. Located in The Woodlands Hills, a 2,000-acre master-planned community with trails, parks, a lazy river, fitness center, dog park, and tennis courts. Just minutes from Lake Conroe and I-45, and zoned to highly rated Willis ISD schools, this home offers beauty, convenience, and a strong sense of community. Enjoy serene surroundings, friendly neighbors, and access to year-round events, playgrounds, and picnic areas. The home’s layout provides flexible space for a home office or guest room, while the neighborhood’s amenities make every day feel like a retreat. Don’t miss this exceptional opportunity.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017