130 Magnolia Lane
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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 17, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | $150,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | |||
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first time home buyers.....Come home to Artesian Lake Estates. This all brick home on over a third of an acre offers two bed rooms, 1 bath, walk in closets and an open living floorplan. Roof replaced 5 years ago, A/C replaced 2 years ago, new appliances and hot water heater. Large fenced back yard with storage building. Mature shade trees and long drive way. Enjoy fishing at the neighborhood lake. Conveniently located close to I-45, shopping and restaurants. Low tax rate, NO MUD TAX and NO HOA, Highly rated Conroe ISD!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017