13452 Park Avenue
About This Property
To build or develop. 7.94 acres to do as you please! DR Horton is developing the land adjacent to this tract to the West. Future extension of Old Conroe Rd has been approved and expected in the near future according to Montgomery County's mobility plan.
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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 10, 2023 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Houston International Realty | $599,000 | |
| Listed by Houston International Realty | |||
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Beautiful unimproved wooded lot in the much sought after Conroe School District, zoned for The Woodlands HS.
To build or develop. 7.94 acres to do as you please! DR Horton is developing the land adjacent to this tract to the West. Future extension of Old Conroe Rd has been approved and expected in the near future according to Montgomery County's mobility plan.
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About Montgomery
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Last Updated: 4 months ago
Data Source: HAR , MLS# 52461499
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017