15243 Heavenly Acres Drive
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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 3, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by C & S Premier Realty | $229,900 | |
| Listed by C & S Premier Realty | |||
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**Project to be Completed** An acre of pristine property with a fabulous brand new home. This brand new farmhouse features three bedrooms, two bathrooms, gorgeous/large kitchen, and a fabulous living room & dining room - perfect for entertaining! This is one of the last lots available on this gorgeous, small culd a sac street. NO HOA!!! Driveways were strategically placed so that if you wanted to build a shop, you could continue the driveway back! And septics have been oversized for additions! Schedule your private tour!
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| Jun 30, 2020 | Sold | ||
| Sold | |||
| Jan 10, 2020 | Listed by CB & A, Realtors | $180,000 | |
| Listed by CB & A, Realtors | |||
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This is the one you have been waiting for! Lots of room for all of the activities your heart can dream of! 4 absolutely beautiful acres not far from Lake Conroe, this property is partially wooded, has plenty of cleared area to build a barn, shop or whatever else you can dream of! Also has lush trees and landscape. Septic, water and electricity are existing on the two center acres (lots 15 & 16). Home that was on the property was recently removed, you can see the former homesite. The septic has been inspected every three months, as required by the San Jacinto River Authority (per seller). Acres on either side (14 & 17) give plenty of room to make it your own! You can have horses, build to suit, etc. Come see it today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017