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6122 Gallant Forest Drive
About This Property
This spacious 4-bedroom, 3-bath, 2-story home offers a great opportunity for a buyer ready to bring their vision and make it their own. The home features a flexible floor plan with plenty of living space, a cozy fireplace, an open-concept kitchen with a water filtration system, and lots of natural light.
The home is priced to sell, giving buyers an opportunity to update and customize over time. Additional improvements include PEX piping and an AC replaced within the last 5 years.
Located in Inwood North and zoned to Klein ISD, the neighborhood offers a community center and renovated community pool. With its spacious layout, established neighborhood, and nearly 10% recent price reduction, this home offers excellent potential for the right buyer.
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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 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 28, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Aug 27, 2026 | Price Decreased |
$225,000
↓ $24K
(9.6%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Increased |
$249,000
↑ $4K
(1.6%) | |
| Price Increased | |||
| Aug 10, 2026 | Relisted | $245,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017