15495 Conroe Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Jan 21, 2024 | In contract | - | |
| In contract | |||
| Jan 6, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $450,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
| | |||
|
This is a rare find 2.306 acre property is zoned UNRESTRICTED. A canopy of trees covers this unique private property with a 3,000+ Sq/ft 3 bdrm/3 bath main home on slab. Additional, 1,000 sq/ft. pier & beam 1 bdrm/1 bath Guest House. Also a 40' X 60' Metal Shop/Barn/Warehouse building is also on this property. The perfect live workspace for a new or expanding businesses. THIS PROPERTY FOR SALE AS IS. NO repairs and upgrades will be paid for by the SELLER. Both the Main house and the Guest house are currently occupied & functional. Enter through an established neighborhood less than a couple of miles from the intersection of FM1488 and Old Conroe Rd. This neighborhood is charming, ALL the lots are large, minutes from FM 1488 and FM 2978, and a short drive to I 45 to the east. Close to The Woodlands, the property is within the southern most edge of Conroe. DREAM BIG, so many options for use with this property. PRICED TO SELL AS IS! Restricted showings call ShowingTime or listing agent.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Montgomery
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,200 /mo
- 5 Beds
- 3 Baths
- 4,128 ft²
$6,250 /mo
- 4 Beds
- 3 Baths
- 4,595 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017