8851 Van Allen 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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| Jun 16, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Danie & Co Realty | $735,000 | |
| Listed by Danie & Co Realty | |||
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Incredibly maintained home in the gated community of Founders Reserve, conveniently located 5 minutes from The Woodlands Waterway, walking/biking trails, shopping & dining. Welcome to this warm and inviting home with wood floors throughout the downstairs & all bedrooms, high ceilings, 8 ft doors, & stunning light fixtures. The main level includes a study w/ French doors & closet, formal dining room, an open concept kitchen & living area with a large island, plenty of counterspace, gorgeous cabinetry, walk in pantry & stainless steel refrigerator. The spacious primary bedroom with en suite offers dual sinks, garden tub, separate shower & a huge closet. Upstairs there is a game room, 4 large bedrooms, & a fully furnished media room w/ a 90" LG TV, Denon/Klipsch surround sound system, 2-level reclining theatre seating for 8, & voice activated lighting. The backyard has an oversized stamped concrete patio, lush landscaping, & no rear neighbors for added privacy. Recent A/C. 1.48% tax rate
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| Sep 29, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by Realty ONE Group, Experience | $549,000 | |
| Listed by Realty ONE Group, Experience | |||
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Beautiful Darling Home inside this very safe and exclusive Gated Community just 1.5 miles from The Woodlands Mall & Market Street and even closer to the new Hughes Landing development. LOW TAXES!! (1.81%) This 5 bedroom, 3.5 bath home features many upgrades such as granite countertops, ranch house hickory wood floors, study with high ceiling, huge game room and more! Two seating level home theater room equipped with in-wall speakers and recliners for eight people. The backyard is perfect for relaxing with a peaceful and private sight.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017