2 Reedy Pond Court
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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 |
|---|---|---|---|
| Jul 8, 2021 | Sold | ||
| Sold | |||
| Jul 2, 2021 | No longer available | - | |
| No longer available | |||
| Jun 18, 2021 | Listed by Keller Williams Realty | $310,000 | |
| Listed by Keller Williams Realty | |||
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Ideally Located Home With Many Beautiful Updates! Centrally Located Towards The Front Of The Woodlands; Recent Updates Include: New Modern Luxury Vinyl Flooring Downstairs, New Carpeting Upstairs, Fresh Modern Gray Paint Throughout The Home, Kitchen Granite Counters, Travertine Splash, New Stainless Steel Appliances, Refinished Custom Cabinets, & Several New Plumbing & Electrical Fixtures Throughout The Home; Granite Counter w/Updated Plumbing Fixtures In The Primary Bath; Recent HVAC System; Tasteful Wainscot In Oversized Family Room w/Gas Fireplace; Formal Dining Room Accessible Right From Kitchen; Family Room & Formal Perfect For Entertaining; Private Cul de Sac Street Patio w/Large Private Backyard; Detached Garage w/A Workshop Space; Pleasant Family Neighborhood Close To Schools, Parks, Nature Preserve, Shopping, Medical, And Just A Few Short Minutes To I-45 & Hardy Tool Road; Zoned To Sought-After Woodlands Schools; Mature MUD So Lower Tax Rate Than Other Parts Of The Woodlands!
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| Jun 3, 2021 | Listed by Keller Williams - The Woodlands | $310,000 | |
| Listed by Keller Williams - The Woodlands | |||
| | |||
|
Ideally Located Home With Many Beautiful Updates! Centrally Located Towards The Front Of The Woodlands; Recent Updates Include: New Modern Luxury Vinyl Flooring Downstairs, New Carpeting Upstairs, Fresh Modern Gray Paint Throughout The Home, Kitchen Granite Counters, Travertine Splash, New Stainless Steel Appliances, Refinished Custom Cabinets, & Several New Plumbing & Electrical Fixtures Throughout The Home; Granite Counter w/Updated Plumbing Fixtures In The Primary Bath; Recent HVAC System; Tasteful Wainscot In Oversized Family Room w/Gas Fireplace; Formal Dining Room Accessible Right From Kitchen; Family Room & Formal Perfect For Entertaining; Private Cul de Sac Street Patio w/Large Private Backyard; Detached Garage w/A Workshop Space; Pleasant Family Neighborhood Close To Schools, Parks, Nature Preserve, Shopping, Medical, And Just A Few Short Minutes To I-45 & Hardy Tool Road; Zoned To Sought-After Woodlands Schools; Mature MUD So Lower Tax Rate Than Other Parts Of The Woodlands! The manager has listed the unit size as 2112 square feet.
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About The Woodlands
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Last Updated: 4 months ago
Data Source: HAR , MLS# 8526873
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