16
Map
11555 Inspiration Drive
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by Grand Ranch Properties | $184,900 | |
| Listed by Grand Ranch Properties | |||
| Sep 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 23, 2026 | Price Decreased |
$175,000
↓ $10K
(5.4%) | |
| Price Decreased | |||
| Apr 14, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | $185,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | |||
| |||
|
Get ready to build your dream home on this stunning 2-acre wooded homesite nestled w/in the highly sought-after acreage community of Republic Grand Ranch! As one of the flattest lots in this section, it also boasts some of the highest elevation - an exceptional opportunity you won’t want to miss! Surrounded by natural beauty, this property offers a serene, private setting while still being just 20 minutes from dining, shopping, & entertainment. Embrace a relaxed country lifestyle w/room for your animals - horses & chickens are welcome! (1 horse & 2 laying hens per acre) Community guidelines require a minimum home size of 2,000 sf & a minimum of 500 sf for accessory buildings, allowing you the flexibility to create your own perfect retreat. Neighborhood amenities feature a 37-acre park that includes hiking trails, a pavilion, & a 7-acre stocked lake w/3 docks for fishing! Lot is not encumbered by pipeline easements & no VWDE's! LOW TAX RATE! LOW POA DUES @ $495 ANNUALLY! NO MUD TAXES!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017