1-7-12 Legacy Grand Road
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 |
|---|---|---|---|
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Aug 30, 2026 | Listed by Grand Ranch Properties | $279,000 | |
| Listed by Grand Ranch Properties | |||
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by Grand Ranch Properties | $325,000 | |
| Listed by Grand Ranch Properties | |||
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3 ACRES > 285'+ ROAD FRONTAGE > PREMIER CUL-DE-SAC > LEVEL ESTATE HOMESITE > FIRST RELEASE > Exceptional 3-acre homesite in the first release of Legacy Grand Ranch, ideally positioned on a premier cul-de-sac with over 285' of road frontage. The wide, level configuration provides an impressive setting for a custom estate with room for a grand approach, pool, outdoor living, and additional structures. Mature hardwoods and towering pines create the privacy and natural beauty that distinguish Legacy Grand Ranch. This new estate community features 3 to 5+ acre homesites, a 3,000 SF minimum residence, a curated selection of 10 award-winning custom builders, paved roads, central water, underground electric, and high-speed fiber. Located within the Sam Houston National Forest corridor with convenient access to I-45, New Waverly, Lake Conroe, and The Woodlands. Developer-offered homesite. Private tours available 7 days a week through the Legacy Grand Ranch land sales team. No self-tours.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017