Spacious & versatile, this Sterling Ridge residence offers a great
combination of space, functionality & outdoor enjoyment. The
downstairs floor plan includes a spacious primary suite plus a 2nd
ensuite, a dedicated office & 2 staircases, creating flexibility
for family, guests & work-from-home living. Crown molding, tray
ceilings, soaring ceilings & abundant windows enhance the home's
scale & character. The breakfast room's distinctive brick flooring
adds character, while real wood flooring warms the dining room &
office. Upstairs, 3 bedrooms are joined by a HUGE media room & game
room, providing plenty of space for family & entertaining. A
predominantly brick exterior & true oversized 3-car garage add
presence & practicality. The backyard features an 8-foot-deep pool
with hot tub & covered patio, with the greenbelt providing a
natural backdrop. On a desirable corner lot near the Player Course,
with excellent schools & all the amenities of The Woodlands.
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.
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