11908 Langtree Lane
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%.
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 |
|---|---|---|---|
| Jun 22, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by Compass RE Texas, LLC | $125,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to 11908 Langtree, a spectacular 1.3-acre property in Conroe, Texas, offering the perfect blend of country living and city conveniences. This serene location boasts mature trees, providing privacy and tranquility. Imagine starting your day with nature's melody, sipping coffee surrounded by lush greenery, and ending it beneath the starlit Texas sky. Conroe is a vibrant city with a rich history, friendly community, and plenty of recreational activities. Lake Conroe, a short drive away, offers boating and fishing, while the nearby Sam Houston National Forest provides miles of trails. Top-rated schools, shopping centers, restaurants, and healthcare facilities are within reach. Houston is just 40 minutes away, offering job opportunities and cultural attractions. Build your dream home on this blank canvas and experience the charm of Southern living. Your future home awaits at 11908 Langtree, Conroe, Texas!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017