12373 Longmire Trace
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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%.
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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 |
|---|---|---|---|
| Feb 24, 2023 | Sold | ||
| Sold | |||
| Dec 20, 2022 | Listed by The McKellar Group | $1,149,000 | |
| Listed by The McKellar Group | |||
| Jul 13, 2017 | Listed | $525,000 | |
| Listed | |||
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Enjoy all the Splendor & Comfort in this 4 Bdrm 4 1/2 Bath. Custom built home on 3 Wooded Acres w Artesian Fed Creek. Wrought Iron Gate welcomes you into the Private Portico. Exquisite Home features Stone Gas or Wood FP, Chefs Kitchen w Jenn Aire Gas Range, Farmhouse Sink, Ice Maker,Butlers Pantry. Master Suite w Huge Walk In Shower & Jetted Tub. Upstairs Balcony,Guest Quarters w Private Entry,Texas Basement, Workshop, Covered Porch,Sprinkler System, Call for Entire Amenities List. The manager has listed the unit size as 3238 square feet.
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About Longmire on Lake Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017