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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.
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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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Feb 19, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Inspired Realty & Co. | $729,990 | |
| Listed by Inspired Realty & Co. | |||
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Prime Woodforest location amid local conveniences, plus panoramic views! This 4-bed, 4.5-bath beauty is a perfect example of elegant Traditional style. This is the perfect multi-gen home with 2 primary bedrooms down. Take a golf cart to Pine Market for all of your shopping, enjoy Montgomery ISD schools and boat on Lake Conroe with this home. Home features spectacular views of Christine Allen Nature Park and the lake. The interior includes an impressive entryway, hardwoods throughout, an open layout, notable ceiling styles (including vaulted and beamed), and two fireplaces (living room and outdoor). The ample chef's kitchen charms with natural light, premium appliances, and an attractive island layout. The peaceful main-floor primary bedroom includes a walk-in closet and an impressive bathroom. The other three bedrooms are quiet with private baths. Storage is never a problem with your own Texas basement. The exterior includes a refreshing pool and breezy-covered front and back porches.
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017