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10977 Runway Road
About This Property
2.5 bathrooms covered patio. 22x10 Covered Patio. Large The Chef's kitchen dazzles. 42" cabinets,
island, extra cabinets, quartz countertops, and stainless level 2 GE appliances, Tile backsplash
kitchen/baths. Woodlike Vinyl plank--family room, foyer, kitchen, study, utility room, powder. Tiled
bathrooms. windows, blinds and high ceilings. Horizontal metal rails. Primary LUX bath
retreat-soaking tub, frameless glass shower, & quartz double sinks. Energy Star efficiency with
tankless gas water heating, PEX plumbing. High ceilings enhance the sense of openness, and so
much more. Cielo offers 45 acres of open space, pickleball & recreational amenities, top-tier Conroe
ISD, in community Janet K. Bartlett Elementary. Located conveniently near I-45, residents enjoy easy
access to Lake Conroe.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by CastleRock Realty, LLC | $360,839 | |
| Listed by CastleRock Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017