59 Blue Norther 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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Decreased |
$1,345,000
↓ $30K
(2.2%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Compass RE Texas, LLC - The Woodlands | $1,375,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
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LUXURY & FUNCTIONALITY blend seamlessly in this newer 4/5 BR Taylor Morrison home nestled on a private greenbelt lot—NO HOA and minutes to The Woodlands amenities including premier shopping, dining & entertainment! Whole home generator! Savor resort-style living in the backyard oasis w/sparkling pool & spa, outdoor kitchen, cozy fireplace, putting green - ideal for year-round leisure & entertaining! This well-designed floor plan includes both the spacious primary suite & private guest suite on 1st floor with flexible living area: 2-story great room flows effortlessly into a chef’s dream kitchen with premium appliances, double ovens, soft-close drawers, bar seating & massive walk-in pantry! Formal dining, dedicated home office & royal owner's retreat with sitting area & spa-inspired bath w/dual vanities, Hollywood tub, oversized shower, huge closet! Upstairs offers game & media rooms + spacious secondary BRs. Oversized/true 3-car garage & large utility room w/storage! High & dry! Hurry!
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| Mar 25, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017