16958 Cedar 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 |
|---|---|---|---|
| Sep 15, 2026 | Listed by Inspired Realty & Co. | $429,900 | |
| Listed by Inspired Realty & Co. | |||
| Jul 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 30, 2026 | Listed by Inspired Realty & Co. | $429,900 | |
| Listed by Inspired Realty & Co. | |||
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This beautifully restored Victorian-style home, originally built in the late 1890s, offers a rare blend of historic charm and modern updates. In 1988, it was moved to it's current site of 1.302 acres & has been recently renovated creating a clean, cohesive feel while preserving its original character. The home features 4 bedrooms along with an office & side entrance for guests. Timeless architectural details remain throughout, including intricate woodwork, vintage accents, and a classic porches. The durable 100-year metal roof, installed in the 1980s, further reflects the home’s lasting craftsmanship. A beautiful dry creek winds through the property, adding character while remaining flood-free. Conveniently located just minutes from the Texas Renaissance Festival, the Aggie Expressway, and Lake Conroe, this home offers both accessibility and a true sense of retreat.
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| May 8, 2026 | Price Decreased |
$440,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Mar 31, 2026 | Listed by Inspired Realty & Co. | $450,000 | |
| Listed by Inspired Realty & Co. | |||
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This beautifully restored Victorian-style home, originally built in the late 1890s, offers a rare blend of historic charm and modern updates. In 1988, it was moved to it's current site of 1.302 acres & has been recently renovated creating a clean, cohesive feel while preserving its original character. The home features 4 bedrooms along with an office & side entrance for guests. Timeless architectural details remain throughout, including intricate woodwork, vintage accents, and a classic porches. The durable 100-year metal roof, installed in the 1980s, further reflects the home’s lasting craftsmanship. Surrounded by mature trees and open space, the property provides a peaceful setting with room to expand or simply enjoy the outdoors. Conveniently located just minutes from the Texas Renaissance Festival, the Aggie Expressway, and Lake Conroe, this home offers both accessibility and a true sense of retreat. A unique opportunity to own a piece of history with the updates already in place.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017