926 Drane Court
About This Property
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Bayou City Realty, LLC | $599,999 | |
| Listed by Bayou City Realty, LLC | |||
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Welcome to 926 Drane Ct, a beautifully updated mid-century ranch style home in the desirable Timbergrove neighborhood. Tucked at the end of a quiet cul-de-sac, this home offers both privacy and tranquility on a spacious 15,800 sq ft lot. The expansive backyard, featuring mature trees and a cozy patio off the primary bedroom, is perfect for relaxing or entertaining. Inside, enjoy an open-concept living area with stainless steel appliances, granite countertops, and gorgeous wood flooring throughout. Both updated bathrooms feature frameless walk-in showers and modern vanities. Recent updates include a new roof (2021) and new furnace (2023). Just a short walk to the White Oak Bayou Greenway Trail, offering the ideal balance of suburban serenity and outdoor recreation. Schedule a private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017