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9418 Castlegap 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.
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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Walzel Properties - Spring | $378,900 | |
| Listed by Walzel Properties - Spring | |||
| May 24, 2025 | Price Decreased |
$394,900
↓ $18K
(4.3%) | |
| Price Decreased | |||
| May 17, 2025 | Listed | $412,500 | |
| Listed | |||
| | |||
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PRICE REDUCED...MOVE IN READY! Golf Lovers your new home. This pristine masterpiece located in the heart of Gleannloch Farms features 4 Bedrooms (Primary 1st floor 15x13 Bedroom and Primary Bath with jetted tub, 2 upstairs Bedrooms features Jack and Jill Bath, and private 14x12 Guest Room). 2.5 Bathrooms, Family area with remote control gas log fireplace with open concept to Kitchen/Breakfast area. Chef dream kitchen with granite island and counter tops, ample cabinets, LED under cabinet lighting, pantry, and gas stove with convection oven. . Many upgrades - Upstairs AC (2024) downstairs AC (2018), Custom Plantation Shutters (2023) thru out, upstairs oversized step in shower (2022), Windows (2021), BONUS - extended patio, HOA approved 10x10 storage shed and whole house Surge Protector. Walking distance to Sports Complex. Minutes to Golf course, Klein ISD schools, shopping and restaurants. Must see to appreciate additional features. Rooms are approximate.
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About Gleannloch Farms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017