7 Thorpe Lane
About This Property
Upstairs, the spacious living area features 10-foot ceilings, hard wood flooring, abundant natural light, double balcony doors, and upgraded kitchen with quartz countertops complete with large island for entertaining. The primary suite offers his-and-her closets, soaking tub, oversized shower, and a private balcony.
Downstairs you'll find additional living space with two secondary bedrooms, a full guest bathroom, and laundry room. This home features upgraded finishes throughout, a covered patio, and thoughtful design that perfectly blends style, comfort, and functionality.
Enjoy exceptional accessibility: 10 minutes to Market Street, 20 minutes to IAH, and just 35 minutes to Downtown Houston.
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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 |
|---|---|---|---|
| Oct 12, 2026 | Price Decreased |
$499,999
↓ $5K
(1%) | |
| Price Decreased | |||
| Oct 6, 2026 | Price Decreased |
$505,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Aug 31, 2026 | Listed by Jane Byrd Properties International LLC | $510,000 | |
| Listed by Jane Byrd Properties International LLC | |||
| Feb 11, 2022 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by Icon Realty Group, L.L.C. | $465,535 | |
| Listed by Icon Realty Group, L.L.C. | |||
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New Caroline plan from Sullivan Brothers in Springwoods Village - LUXURY lifestyle, PRIME location, and no rear neighbors! Hard flooring throughout! Literally 30 seconds from Grand Parkway 99 and I-45, and STEPS from the Exxon Campus, HP, and the HOTTEST NEW RETAIL in Houston - CityPlace (much like City Centre, with 400,000 SQ FT of top-tier shopping & dining!!!) Wide-open main living space (up) with absolutely gorgeous double balcony doors overlooking the reserve - awesome natural light and a gorgeous view! Huge master suite with his & hers closets, soaking tub + oversized shower, and a private balcony! 10’ ceilings upstairs and down, generous secondary bedrooms, covered patio, and upgraded finishes throughout! All of this just 10 minutes from Market Street, 20 minutes from IAH, and 35 minutes from Downtown! Luxury lifestyle, true convenience...and HUGE APPRECIATION POTENTIAL. Limited homesites remain - come visit Harper Woods before we're sold out!
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017