81 Madrone Terrace Place
About This Property
Contemporary amenities include central heating and cooling, an attached garage, and a cozy fireplace. The exterior's brick construction exudes timeless charm, while high ceilings and large windows fill the interior with natural light. Located in a peaceful neighborhood, this property is a perfect retreat for those seeking a blend of modern living and tranquility. Excellent school rated schools. Convenient access to shopping area, parks and outdoor recreation areas.
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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.
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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | No longer available | - | |
| No longer available | |||
| Dec 16, 2024 | Listed by JLA Realty | $698,000 | |
| Listed by JLA Realty | |||
| | |||
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Located in the serene cul-de-sac of Creekside, The Woodlands, this modern 1 story single-family home at 81 Madrone Terrace Pl offers a harmonious blend of comfort and elegance. Constructed in 2021, the property features a spacious floor plan with an open layout, 3 bedrooms, and 2.5 bathrooms. The kitchen is a masterpiece of design and functionality, boasting quartz countertops and a reverse osmosis water filter.
Contemporary amenities include central heating and cooling, an attached garage, and a cozy fireplace. The exterior's brick construction exudes timeless charm, while high ceilings and large windows fill the interior with natural light. Located in a peaceful neighborhood, this property is a perfect retreat for those seeking a blend of modern living and tranquility. Excellent school rated schools. Convenient access to shopping area, parks and outdoor recreation areas.
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| Aug 6, 2024 | Withdrawn | - | |
| Withdrawn | |||
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017