12373 Delta Timber Road
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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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 17, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Price Decreased |
$290,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jun 14, 2025 | Listed by eXp Realty LLC | $300,000 | |
| Listed by eXp Realty LLC | |||
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Discover serene living at 12373 Delta Timber Rd in Heritage Reserve subdivision. This meticulously maintained one-story home offers 3 bedrooms, 2 full baths, a versatile flex area that can be used as a study, game room, or formal dining room, and a rare 3-car garage - perfect for storage or a workshop. Enjoy ultimate privacy with no back neighbors and the peaceful feel of nature right in your own backyard. The open-concept layout flows effortlessly from the kitchen to living space, ideal for both relaxing and entertaining. Thoughtful layout with abundant natural light throughout and conveniently located, this home is truly a gem! Don't miss your chance to make this move-in ready retreat yours!
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| Jan 25, 2021 | Sold | ||
| Sold | |||
Property Highlights
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About Estates of Longmire on Lake Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017