1611 Burning Tree Road
About This Property
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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 20, 2023 | Sold | ||
| Sold | |||
| Jul 9, 2023 | Listed by BHGRE Gary Greene | $337,000 | |
| Listed by BHGRE Gary Greene | |||
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Nestled on over 1/3 acre wooded lot in Kingwood Texas, this sprawling 1-story ranch home is the perfect combination of contemporary & rustic charm. It's open floor plan, high ceilings, sky lights, & abundance of natural light creates a space that feels larger than square footage. Rustic beams, brick fireplace, wall treatment, and barn door add unique architectural details. Remodeled kitchen with granite counters and abundance of white cabinets. Large entertaining bar is the spot your guests will gather and linger sharing food and stories. The family room has a large wall for the big screen tv for an unobstructed view from the kitchen. King-sized primary bedroom with a big walk-in closet. Beautifully REMODELED bathrooms. Character, charm, UPDATED, MOVE-IN READY. ENERGY EFFICIENT: DOUBLE PANE windows, FURNACE & A/C-2023. ROOF-2019. In desirable Forest Cove village with quick access to I59/69 for a fast commute to IAH airport & downtown Houston.Shopping & dining close by. CALL FOR A TOUR
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| Aug 7, 2021 | Listed by RE/MAX Associates Northeast | $324,900 | |
| Listed by RE/MAX Associates Northeast | |||
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A gorgeous updated 1 story home in the highly desirable Forest Cove neighborhood. When you enter the home you will be amazed at how spacious and open the floor plan is. High ceilings in the living area and nice custom touches add to the beauty. Great place to entertain your family and friends. Come take a look at this beautiful home today! This won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017