11522 Gingerland Drive
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%.
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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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | No longer available | - | |
| No longer available | |||
| Feb 13, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $370,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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Beautiful 1 story home in Water Crest Lake community. Spacious open floor plan, home is barely lived in like new. This home features 4 bedrooms, 3 full baths & Study. Spacious kitchen opens to living room, Island kitchen has quartz counter tops, lots of cabinets for storage, walk-in pantry and breakfast room. Large living room has surround sound. Primary suite with high ceilings, primary bath with seamless stand alone shower and a soaking tub, double sinks, large walk-in closet. En-suite bedroom with bath, Oversized laundry room. Tank less water heater, sprinkler system. Great community with clubhouse, 2 pools, playground and gated boat dock. Close to schools, shopping, and new restaurants. Medical center is only 15 minutes away.
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| Jan 1, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $420,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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Beautiful 1 story home in Water Crest Lake community. Spacious open floor plan, home is barely lived in like new. This home features 4 bedrooms, 3 full baths & Study. Spacious kitchen opens to living room, Island kitchen has quartz counter tops, lots of cabinets for storage, walk-in pantry and breakfast room. Large living room has surround sound. Primary suite with high ceilings, primary bath with seamless stand alone shower and a soaking tub, double sinks, large walk-in closet. En-suite bedroom with bath, Oversized laundry room. Tank less water heater, sprinkler system. Great community with clubhouse, 2 pools, playground and gated boat dock. Close to schools, shopping, and new restaurants. Medical center is only 15 minutes away.
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About Conroe
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 4 Beds
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- 4,794 ft²
$2,500 /mo
- 4 Beds
- 3 Baths
- 2,267 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017