Lot 20, 21 Hilltop
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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 |
|---|---|---|---|
| Aug 18, 2023 | Sold | ||
| Sold | |||
| May 18, 2023 | Listed by Lake Homes Realty, LLC | $65,000 | |
| Listed by Lake Homes Realty, LLC | |||
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TWO lots for sale in Lake Conroe Forest! Don't miss this opportunity with a 16x24 workshop already on this lot. You are nearby to all that Montgomery, Conroe, and The Woodlands have to offer. LAKE CONROE is close by for lake fun! LOW HOA and taxes here as well - makes it great place to build and settle down. There are endless things to do, places, to eat, and services to take advantage of in these areas. Set in the nostalgic neighborhood of Lake Conroe Forest, this is a great place to build your dream home or a spec home. This is a very quiet and peaceful area with natural beauty to enjoy. Enjoy a community boat ramp to get onto Lake Conroe quickly and easily and go to Margaritaville, or lake sports, or a peaceful lake cruise. There are also many smaller lakes and parks in the community to enjoy as well. High speed internet is available!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017