8135 Caroline Ridge 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 |
|---|---|---|---|
| Oct 10, 2022 | Sold | ||
| Sold | |||
| Aug 29, 2022 | Listed by Beth Wolff, REALTORS | $787,447 | |
| Listed by Beth Wolff, REALTORS | |||
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Welcome home to this beautifully maintained home in the gated section of the Golf Course Community of prestigious Fall Creek, home of the Golf Club of Houston. Backing to the Greenbelt with no back neighbors, this home offers privacy while you enjoy a sparkling pool/spa, 2 outdoor covered areas: one with fireplace, & and the other with outdoor kitchen. This 5-bedroom, 4.5 bath home offers 2 bedrooms down, open floor plan with gorgeous views of the backyard and pool from living room, kitchen, and breakfast nook. Other features include double pane windows with 3M security film, combination of plantation shutters and honeycomb shades, 42” maple cabinets, Frigidaire Gallery SS appliances, media room, covered 2nd story balcony with views of Greenbelt and backyard, work area by kitchen and breakfast nook, 3 car tandem garage are just a few to name. This home is a true MUST SEE!
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| Dec 18, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2019 | Listed by BHGRE Gary Greene | $499,999 | |
| Listed by BHGRE Gary Greene | |||
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Gated Section of Golf Course Community in the prestigious Fall Creek, home of the Golf Club of Houston, embrace privacy, independence with greenbelt access, no back neighbors. Exterior offers: front & back sprinkler system, vinyl framed low e2 double pane windows, covered back patio with fireplace, Mahogany front door w/glass insert, designer combination of brick, custom stone, & stucco. Kitchen features: granite counters, 42” Maple Cabinets, open flow from kitchen to living room, Frigidaire Gallery SS appliances. Plush upgraded textured carpet, waterfall showerhead in master, framed mirrors, 4 programmable Honeywell light switches, professionally installed 3M security film on downstairs windows, alarm system, combination plantation shutter & honeycomb shades, covered 2nd story balcony, 3 car tandem garage big enough for a “Texas” truck.
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About Houston
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Last Updated: 6 months ago
Data Source: HAR , MLS# 51125203
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