1405 Apple Orchard Trail
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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 13, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by RE/MAX Universal | $259,000 | |
| Listed by RE/MAX Universal | |||
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Price reduced for quick sale! ROOF AND AC replaced mid 2020!!! PEX water lines!! No rear neighbors. Fridge, washer and dryer will remain. Granite countertops in kitchen. Primary bedroom on first floor. Primary bath has raised cabinets, oversized tub with rain glass window and separate shower. Large gameroom and 3 bedrooms up. Garage has extra space for workbench. Room sizes are measured down. Located near end of a cut de sac. Low HOA. Conroe schools. Super easy access to Interstate 45. Available for quick move in.
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About Hidden Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017