83 N Summer Cloud 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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by Keller Williams Realty The Woodlands | $825,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Gorgeous home in the Village of Cochran's Crossing in The Woodlands. Great location: across the street from the neighborhood park, within a short drive to highly acclaimed Galatas Elementary School, just a few blocks from The Woodlands HS. In close proximity to TW CC Palmer Course. Great curb appeal! The freshly painted interior features high ceilings, crown molding, new light fixtures, a newly remodeled kitchen and bathrooms and much more! Tucked away in the back is the primary bedroom, featuring an elegant, remodeled spa like bathroom. The gorgeous, newly remodeled kitchen comes with brand new GE Monogram appliances, a farm style sink with reverse osmosis, a steamer and walk-in pantry. The breakfast bar provides additional seating. Huge game room upstairs, and three generously sized bedrooms that share a Jack and Jill bathroom. Refreshing pool in the backyard. Schedule your appointment today!
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| Mar 17, 2023 | Sold | ||
| Sold | |||
| Dec 15, 2022 | Listed by RE/MAX The Woodlands & Spring | $725,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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About The Woodlands
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Last Updated: 4 months ago
Data Source: HAR , MLS# 97254788
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