8407 Terrace Valley Circle
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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 |
|---|---|---|---|
| Sep 21, 2026 | Listed by LPT Realty, LLC | $494,900 | |
| Listed by LPT Realty, LLC | |||
| Sep 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 5, 2026 | Relisted | $495,000 | |
| Relisted | |||
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed by Realm Real Estate Professionals - Katy | $495,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
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Pride of ownership shines throughout this beautifully maintained, original-owner home in Grand Mission Estates!
The thoughtfully designed floor plan features two bedrooms downstairs and two bedrooms upstairs, along with a formal dining room, butler's panty, spacious game room, and a formal living area that can easily serve as a home office or study. The primary suite offers a relaxing retreat with a Jacuzzi tub and separate shower with built-in accessibility bench. Additional features include fully paid-off, SOLAR PANELS, a water softener, sprinklers, security system, and a 3 tandem car garage. Step outside to an oversized backyard designed for both relaxation and entertaining. Enjoy an oversized lot, half quart basketball court, covered patio, and already-installed outdoor cooking and grilling setup, perfect for gatherings with family and friends. Established fig and pomegranate trees add charm to the backyard, while no back neighbors provide additional privacy. Awaiting new owner!
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017