11526 Gingerland Drive
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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 15, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 3, 2026 | Listed by RE/MAX Partners | $259,900 | |
| Listed by RE/MAX Partners | |||
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More space. More privacy. More time to enjoy the Lake Conroe lifestyle. Set on an oversized lot with no rear neighbors, this single-story home offers room to spread out, inside and out. The living, dining, and kitchen spaces flow together, so you're never far from the conversation. The kitchen features granite countertops, stainless steel appliances, gas cooking, and a large island where mornings begin, conversations linger, and everyday life unfolds. Refrigerator, washer, and dryer are included, so you can settle in from day one. The primary suite is privately located at the rear of the home and features dual sinks, a soaking tub, separate shower, and a walk-in closet. Three additional bedrooms provide flexibility for family, guests, or a home office. Step outside to the covered patio and enjoy the privacy of having no rear neighbors. Water Crest residents enjoy private gated boat access to Lake Conroe, pools, trails, parks, fishing ponds, a clubhouse, and a dog park.
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| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Price Decreased |
$259,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017