19020 Old Houston Road
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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%.
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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 |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | In contract | - | |
| In contract | |||
| Jan 2, 2024 | Listed by Prime Realty Group | $205,000 | |
| Listed by Prime Realty Group | |||
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Welcome to 19020 Old Houston Rd., a charming home nestled in an up-and-coming area of Conroe, TX. This beautifully updated residence boasts new paint, flooring, and numerous modern features, offering a fresh and inviting ambiance. Situated on a generous-sized lot, this property provides ample space for various outdoor activities and future expansions. With its blend of updates and promising location, this home presents an excellent opportunity for comfortable living in a thriving community. New AC, furnace 2024
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| Nov 27, 2023 | Sold | ||
| Sold | |||
| Aug 7, 2023 | Listed by RE/MAX Associates Northeast | $180,000 | |
| Listed by RE/MAX Associates Northeast | |||
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NO MORE SHOWINGS. Received Contract waiting on EM.Seller has never lived in property. Seller is executrix of will for deceased owner. Property needs some TLC but will be a great find for some lucky new owner. Good sized lot, fully fenced. 2 Carports. shed included. Home has never flooded. Buyer needs to purchase survey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017