1940 Cypress Canyon Trail
About This Property
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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 |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Listed by The Sears Group | $325,000 | |
| Listed by The Sears Group | |||
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Welcome to this recently renovated gem in Barton Creek Ranch with FRESH NEW PAINT, new ceiling fans, new hardware and much MORE. This beautiful 4 bedroom, 2.5 bathroom home sits on a premium HUGE lot with NO BACK NEIGHBORS and offers a stylish open concept layout with a bedroom downstairs, enclosed dining room, and an additional flex room which can be used as an home office! A gourmet chef’s kitchen featuring granite countertops, stainless steel appliances, and modern finishes. Downstairs includes one secondary bedroom while upstairs features the large and spacious primary suite with an en-suite bathroom including a frameless glass shower, soaking tub, and 2 walk-in closets.Tons of space and versatility throughout with a unique and functional layout including an oversized game room great for entertainment. Enjoy energy efficient upgrades, a peaceful private backyard, and a prime location minutes from I-45, shopping, restaurants, medical, and highly acclaimed Conroe ISD schools!
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| Mar 28, 2022 | Sold | ||
| Sold | |||
| Nov 3, 2021 | Listed by Long Lake LTD | $322,865 | |
| Listed by Long Lake LTD | |||
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This home is under construction.
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About Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017