16306 Ellis Street
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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by CB&A, Realtors | $420,000 | |
| Listed by CB&A, Realtors | |||
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Discover the charm of Deer Pines, where country tranquility meets modern elegance! Set on a generous acre of land, this nearly-new residence offers a perfect retreat with all the space you need. Boasting 5 expansive bedrooms, 3 stylish bathrooms, a versatile game room, and a dedicated office/study, this home is designed for comfortable living and effortless entertaining. The outdoor experience is just as inviting with its spacious back patio, surrounded by the serene beauty. Whether it’s savoring your morning coffee or hosting lively gatherings, this outdoor space is destined to become your personal haven. Situated in the peaceful countryside yet conveniently close to the vibrant communities of Willis and Conroe, this property offers the perfect balance between rural serenity and urban accessibility.
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| Jul 25, 2024 | No longer available | - | |
| No longer available | |||
| Feb 17, 2024 | Listed by 2P's Realty, LLC | $453,700 | |
| Listed by 2P's Realty, LLC | |||
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Welcome to Deer Pines, where country living meets modern comfort! Nestled on over an acre property, this like-new home offers the perfect blend of space, serenity, and style. With 5 spacious bedrooms, 3 baths, a versatile game room, and a convenient office/study, there's ample room for the whole family to spread out and thrive.
Step outside onto the beautiful back patio and soak in the views of the surrounding countryside, ideal for relaxation or entertaining guests. Whether you're enjoying morning coffee or hosting a barbecue, this outdoor space is sure to become your favorite spot to unwind and make cherished memories. Nestled in the countryside yet still within easy reach of the bustling towns of Willis and Conroe, this property offers the best of both worlds – peaceful rural living with convenient access to amenities and attractions. Don't miss your chance to experience the charm and comfort of country living in this stunning home. Come and make some memories in Deer Pines!
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017