16376 Many Trees Lane
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 |
|---|---|---|---|
| Feb 23, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by Century 21 Realty Partners | $179,999 | |
| Listed by Century 21 Realty Partners | |||
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You've been waiting for this home to hit that market and here it is!! Beautifully maintained and turn-key ready, you'll love the cozy 3 bedroom/2 full bathroom home located in the fasted growing area of town! Enjoy the close amenities of a new H-E-B, shopping, restaurants, and so much more! Upon entering you are greeted with a light/bright setting, formal dining room, and open kitchen concept. The fresh paint, beautiful floors, and well-kept aesthetic make you feel as though this home has just been waiting for you! There is so much to discover and this neighborhood has been Conroe's best-kept secret. You'll enjoy how it is nestled in a quiet treelined setting. If you don't move quickly on this home it will be too late! Call for your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017