120 Ponderosa Trail
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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 11, 2024 | Listed by Walzel Properties - Conroe | $199,000 | |
| Listed by Walzel Properties - Conroe | |||
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MULTIPLE OFFERS RECEIVED. This home will not disappoint. Recent important components like the roof and HVAC System have been replaced. Fresh paint, vinyl flooring and carpet have been updated/replaced as well. This 3/2/2 offers granite countertops in the kitchen, a cozy gas fireplace in the spacious family room, and a large backyard. The convenience of its location to I-45, shopping areas and medical facilities is also a significant plus.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017