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10908 Runway Road
About This Property
bathrooms, 10x10 covered patio. The Chef's kitchen dazzles with 42" cabinets, island, butler cabinets,
quartz, and stainless level 2 GE appliances, Tile backsplash kitchen/baths. Vinyl plank-family room,
foyer, kitchen, study, and powder room. Tiled bathrooms. Large windows and high ceilings. Horizontal
metal rails. The primary suite is a LUX bath retreat-soaking tub, frameless glass shower, & cultured
marble double sinks. Energy Star efficiency, tankless gas water heating, PEX plumbing. High ceilings
enhance the sense of openness, front gutters, and so much more. Cielo offers 45 acres of open
space, pickleball & recreational amenities, dog park. Top-tier Conroe ISD, new in community, Janet K
Bartlett Elementary. Located conveniently near I-45, residents enjoy easy access to Lake Conroe, The
Woodlands, and Houston-a perfect blend of suburban tranquility and urban connectivity.
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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 2, 2026 | Listed by CastleRock Realty, LLC | $336,324 | |
| Listed by CastleRock Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017