16752 E Williams 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 |
|---|---|---|---|
| Aug 11, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by Sawyer Realty Group LLC | $650,000 | |
| Listed by Sawyer Realty Group LLC | |||
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Back on the Market-Motivated Seller, Investors, hunters, or families looking for a retreat from the hustle of city life here's 21.03 Gorgeous acres located in an Opportunity Zone of Conroe. Stunning 21+ acre of dream property. One of the best available in Montgomery county. Land has been cleared, fenced and cross fenced and is ready for horses, livestock or whatever you desire as the property is unrestricted great for an RV Park. The existing 1,848 square foot home has 4 bedrooms, 2 bathrooms, large family room, dining room, and a covered carport for 2 vehicles. Wildlife frequents the property, fruit trees, pond stocked with fish and property allows chickens and goats. Property has current Agriculture exemption which can be transferred. Update and use the existing home until you’re ready to build. All outbuildings will also be included in the sale and the picture of survey shows the layout of the property.
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| Feb 8, 2022 | Sold | ||
| Sold | |||
| Jan 19, 2022 | Listed by RE/MAX Prestige | $580,000 | |
| Listed by RE/MAX Prestige | |||
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Country living at its finest! Absolutely stunning 20 acre dream property. One of the best available in Montgomery county. Land and has been cleared, fenced and cross fenced and is ready for horses, livestock or whatever you desire as the property is unrestricted. Great care was taken to make sure there are spectacular views of the many hardwood trees, private lake and open spaces. Build your dream home and this will become a generational homestead. The existing 1,848 square foot home has 3 bedrooms, 2 bathrooms, large family room, dining room, fully equipped kitchen and is included with the purchase. Great opportunity to update and use the home until you’re ready to build. It could be removed or left on the property as an additional guest home. All outbuildings will also be included in the sale. Click on the pictures to view some aerial photos of this outstanding property.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Montgomery
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Last Updated: 4 months ago
Data Source: HAR , MLS# 38827961
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