7618 Raes Creek Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Mar 2, 2024 | Listed by Zarco Properties, LLC | $1,650,000 | |
| Listed by Zarco Properties, LLC | |||
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Elegance meets comfort in this stunning full of light Luxury Tuscan style estate home located on Augusta Pines Golf Course right by the 15th tee box in the gated subdivision of Augusta Creek Estates. Just minutes from The Woodlands. Home Features 5,256 SF, 4/5 BR, 4.5 bath, 3 car garage with golf cart bay, 500 bottle wine room, Media Room, Game Room, Flex Room which can be used as the 5th bedroom, Principal Suite with sitting room with a his & her closets. Chef style kitchen with double islands with Thermador appliances, integrated security system & much more. Enjoy the great backyard, landscaped, with covered patio & summer kitchen. Front door faces North/South. Schedule your showing today!
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| May 31, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Bean Realty Group | $1,495,000 | |
| Listed by Bean Realty Group | |||
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One-of-a-kind stunning estate home with every upgrade imaginable that checks all the boxes! Located just blocks away from The Woodlands on Augusta Pines Golf Course, incredible views of the 15th tee box, at the end of a gated cul-de-sac with great neighbors! Flair Builders constructed, 5256 SQ FT, 4BR 4½ Bath Tuscan style luxury home with game room, integrated A/V/Security, chilled 500 bottle wine room + tasting bar, formal dining and theater room. The grand master suite has a sitting room, hydrotherapy master bath with custom his-and-her closets. An amazing chef’s kitchen comes with double islands & Thermador appliances. The resort-style backyard perfect for entertaining or relaxing, is beautifully landscaped, has a kitchen, a huge covered seating area, large pool/spa with water and fire features. An oversized 3 car garage with separate golf cart bay. Energy efficient, house faces north/south, is foam insulated keeping the attic/storage climate controlled year round. See it now!
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About Augusta Creek
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Last Updated: 4 months ago
Data Source: HAR , MLS# 73372296
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