217 Red Petal Way
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 |
|---|---|---|---|
| Feb 14, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2021 | Listed by Compass RE Texas, LLC | $449,900 | |
| Listed by Compass RE Texas, LLC | |||
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Don’t miss this home in pristine condition in Conroe! The open Kitchen concept looks out into the Living Room with a beautiful fireplace and large windows, letting in tons of natural light. ?The home features unique accents with archways and French doors. New owners will enjoy a spacious primary bath with separate vanities, large soaking tub, and spacious walk-in closet. The backyard has a beautiful brick covered patio and the home backs up to a quaint pond surrounded by large trees. Schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017