16139 Lone Star Ranch 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 |
|---|---|---|---|
| Feb 5, 2021 | Sold | ||
| Sold | |||
| Nov 28, 2020 | Listed by RE/MAX Redefined | $48,900 | |
| Listed by RE/MAX Redefined | |||
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Location, location, location! This corner lot in Lone Star Ranch Subdivision is located off Hwy 242 between I-45 & 59, just a few minutes to dining & shopping, or anything you need. A 28'x40' slab is already there ready for your manufactured home, plus an additional 12'x20' pad for a garage! Services like water, sewer, & electric are already there & available to hook up. Low taxes. No MUD taxes. Call to schedule an appointment to see this lot today!
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| Jun 12, 2019 | Sold | ||
| Sold | |||
| May 18, 2019 | Listed by JLA Realty | $40,000 | |
| Listed by JLA Realty | |||
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Unique opportunity to buy a corner lot that is cleared and ready for your customized manufactured home. Water, sewer and electric already available. Lot has a finished 28x40 slab with a 12x20 garage pad and driveway. Lone Star Ranch neighborhood is the Perfect! location for your home with Close proximity to Conroe and The Woodlands.
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About Lone Star Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,650 /mo
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$3,600 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017