2 Hollow Glen 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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Aug 7, 2023 | Listed by RE/MAX Elite Properties | $550,000 | |
| Listed by RE/MAX Elite Properties | |||
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Welcome to 2 Hollow Glen Lane, a beautiful property located on a stunning 1.4-acre piece of land. This home is situated on a highly desirable street. It provides easy access to shopping, restaurants, medical services, and community amenities just minute from Downtown Tomball. The well-designed ranch layout includes four spacious bedrooms and 2.5 baths. The current floor plan includes a large kitchen with an oversized breakfast area, a cozy fireplace in the spacious living area, and an additional versatile space that could be used as a home office, crafting room, or formal dining room. Additionally, there is plenty of parking available for guests and extra vehicles. This property offers endless possibilities for customization and can be transformed into your very own personalized retreat. There are no HOA restrictions, and the taxes are low, making this a rare gem on a highly sought-after street. Don't miss out on this incredible opportunity. Contact your agent today
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017