5827 Abelia Creek Drive
About This Property
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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 22, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by RE/MAX Grand | $323,000 | |
| Listed by RE/MAX Grand | |||
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Welcome to 5827 Abelia Creek Drive, located on a lovely quite street, a beautiful house with a great stone elevation and good floorplan, vaulted ceiling entry with a large formal dining on the left with hardwood floor and nice view of the front yard, current owner added a French doors it could be an option for study. Huge two-story family room with natural light that opens to a large kitchen with beautiful quartz counters and stylish back splash and SS appliances and plenty of cabinet space. Big primary room down and comfortable primary bath that features separated jacuzzi tub and custom shower. Great size secondary bedrooms up that can easily fit queen size beds, gameroom open to all bedrooms and overlook the large family room. Good size backyard large enough for a pool, Gazebo stays with the house. Great location with easy access to 249, I-45 and Grand Pkwy, minutes away from Vintage Park and great variety of entertainment and dining, zoned to great schools of Klein ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017