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16070 Deer Pines 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 |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $465,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
| May 8, 2025 | Listed | $490,000 | |
| Listed | |||
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Escape to the peace and privacy of country living on this beautifully maintained 1.499-acre corner lot in Deer Pines. This 4-bed, 2-bath one-story home welcomes you with wide open spaces, both inside and out. The kitchen is a dream with granite counters, grey cabinetry, gas range & eating bar—perfect for casual mornings or weekend gatherings. Step outside to a covered back porch overlooking a fenced yard shaded by mature trees, ideal for quiet evenings or watching the wildlife. The 30x40 spray foam insulated barn with A/C and slab floor offers endless potential—workspace, storage, or hobby space. With a ranch-style gate, full yard access is easy, and the sprinkler system keeps the lawn green year-round. Whether you're sipping coffee to the sounds of nature or working on a project in the barn, this property offers the freedom, space & serenity you've been looking for—just a short drive from Conroe conveniences.
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| May 8, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017