8206 Caroline Ridge 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 |
|---|---|---|---|
| Aug 1, 2026 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by iHouzz Realty | $749,000 | |
| Listed by iHouzz Realty | |||
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Compass RE Texas, LLC - The Heights | $649,900 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Discover the epitome of modern elegance in this fabulous 4-bed, 3.5-bath home. Nestled in the gated Fairway Crossing area of Fall Creek, this home offers an exclusive golf course lifestyle amidst fairways, water features & tranquility while allowing enjoyment of Houston summers in the rec. areas w/pools & parks. In the heart of the home, a stunning Chef's kitchen w/rich wood floors, SS appliances, under-cabinet lighting & large island invite you to gather 'round. Natural light fills the indoor living spaces, boasting large windows w/views to the outdoor living space, complete w/a generous-sized covered patio & fireplace. The spacious owner's suite hosts a sitting area & luxurious bath w/spacious closet. Upstairs features a huge media room w/included theater seating, speakers, screen & projector, as well as a large game room offering flexibility & ample space for entertainment. Upstairs hosts generous sized beds w/large closets & two more bathrooms, incl. a Jack & Jill bath. Tour today!
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About Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017