6838 Shallow River Court
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%.
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 |
|---|---|---|---|
| May 17, 2021 | Sold | ||
| Sold | |||
| Apr 17, 2021 | Listed by Century 21 Parisher Prop. | $284,900 | |
| Listed by Century 21 Parisher Prop. | |||
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Beautiful 5 bed 3 bath 3500+sqft home located in Spring Terrace in the desirable Klein ISD. Spacious open floor plan is perfect for entertaining. HUGE open kitchen with plenty of counter space and cabinets. Mother-in-law suite on the ground level. The next level up is another living quarters. Huge game room for more entertainment. Enter the Master Suite where the KING SIZE bed looks tiny. Master bath has separate shower, a garden tub and two huge Walk-In Closets. Roof was installed in 2019/has a 25yr transferable warranty. On almost a quarter acre, this backyard has a covered patio, plenty of room for outdoor activities, large enough for you to put in a pool, and the shed is included. High and Dry during Harvey, Never Flooded. Location is perfect! It is in walking distances to the Mueller Elementary and Krimmel Intermediate school. Minutes away from multiple restaurants, shopping centers, and the theater. Close to grand parkway, Exxon, and The Woodlands! Book your showing now!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017