12914 Elrod Street
About This Property
TAX RATE IS WRONG. They pay 10% of taxes to WILLIS ISD and the other 90% to CONROE ISD. Rate is closer to 1.9%
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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 |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | Listed by Top Guns Realty on Lake Conroe | $324,500 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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This charming home sits on 1.5 acres in Timber Line Estates. Quiet neighborhood. Large flex room that could be another bedroom, office, playroom, workout room, etc. Large shop with electricity to hold all the toys and tools you have. RV parking on the side. Large deck off the back. This property has the school district line running through it, so you decide if you want Willis ISD or Conroe ISD.
TAX RATE IS WRONG. They pay 10% of taxes to WILLIS ISD and the other 90% to CONROE ISD. Rate is closer to 1.9%
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017