15340 Martin 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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | No longer available | - | |
| No longer available | |||
| Sep 9, 2024 | Listed by Keller Williams Realty Northeast | $379,000 | |
| Listed by Keller Williams Realty Northeast | |||
| | |||
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LOCATION, LOCATION, LOCATION! Welcome to your "land of the free" slice of homestead property in an UNRESTRICTED community in Conroe. Only minutes from hwy 99 & other major thoroughfares, perfect for a place of business, a home/business combo, or just a simple place for quiet living. A corner lot sitting on over 1 ACRE with TWO homes, this property offers endless possibilities. The smaller & newer home was built in 2019, is 840 SF w/ a master suite & extra room a san office, & it has all of the modern features you want in a house-- granite counters, bamboo flooring, display cabinetry, &more! The "Big House" offers 2246 SF, 3 bedrooms, 2.5 baths, a NEW ROOF, wood flooring, & a large master suite with a kitchenette, large walk-in closet, & bathroom. Give this house the TLC it needs and make it your own! Don't miss that large carport & storage shed! With a surplus of shopping, dining & entertainment around the corner, this property is in a great spotfor a great price!
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| Sep 8, 2024 | Price Decreased |
$379,000
↓ $16K
(4.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017