7043 Pine Grove 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 |
|---|---|---|---|
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Compass RE Texas, LLC - The Heights | $285,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Welcome to 7043 Pine Grove Drive, a charming 3BD/2BA home nestled among mature trees in the heart of Houston. Step inside & be greeted by the warmth of original oak flooring leading to the newly renovated kitchen, a true highlight of the home. Featuring a stunning island w/Quartz counters & wooden beams, rustic charm is infused into the modern design, creating a culinary haven w/ample counter space, sleek appliances & a layout that invites family & friends to gather ‘round. The renovated bathrooms add a touch of luxury to everyday living. The spacious yard is a nature lover's paradise, offering serene views & privacy w/no back neighbors. Whether you're enjoying morning coffee or hosting a wknd BBQ, this outdoor space is perfect for relaxation & entertainment. Conveniently located just minutes off Hwy 290, commuting is made easy. The home offers a perfect blend of comfort, style & functionality w/its inviting ambiance & modern amenities. Step inside & experience it for yourself today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017