2208 Ivy Wall Drive
About This Property
This home has a lot of extras that the owner had installed during construction and after: covered back patio, gas fireplace, fully decked attic above the garage 4 storage. New paint throughout, extra shelving in the garage with extra space for toys and tools. Security galore with alarm/intercom and camera's in and out. Cable throughout with new fiber optics 5K internet. This home has a very open plan with a huge kitchen/family room with a corner fireplace. 4 potential bedrooms or 3 with a study. Extra space in laundry for a fridge and extra space in garage for a work area. Walk in through a formal entry from a covered front porch. This home has it all.
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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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 28, 2024 | In contract | - | |
| In contract | |||
| Apr 8, 2024 | Listed by LMW Property Management | $289,000 | |
| Listed by LMW Property Management | |||
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This beautiful, spacious home is located in a quiet cul-de-sac in the Cedar Woods Subdivision. It is an ideal location with only a short drive to I-45, and walking distance to the neighborhood park. This home has an open concept layout, lots of natural light, and fresh paint in the entryway, dining and living room. The spacious kitchen contains a large granite island with a touch-free Kitchen faucet, walk in pantry and undermount cabinet lighting. The living room is ample in size and equipped with a gas log fireplace to create a comfy and cozy setting. The primary bedroom features vaulted ceilings, crown molding and an in suite bathroom with a walk in closet, dual sinks, a soaker tub and a separate shower. Additional amenities this home offers are vaulted ceilings, ceiling fans throughout, and a the fully wired, high-tech alarm system with video surveillance. In the oversized, fully fenced back yard, there is a covered outdoor porch with plenty of space for entertaining. Welcome Home!
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| Apr 2, 2024 | No longer available | - | |
| No longer available | |||
| Feb 4, 2024 | Listed by The Realty Club, LLC | $285,000 | |
| Listed by The Realty Club, LLC | |||
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Welcome to Cedar Woods! This charming home nestled in a tranquil cul-de-sac offers the perfect blend of comfort and convenience. Boasting potentially four bedrooms or three plus a den, this spacious layout accommodates diverse lifestyle needs.The heart of the home features a generous living area, ideal for gatherings and relaxation. Step outside to discover a fully fenced backyard with a covered patio providing privacy and room for activities.Conveniently located, residents enjoy a short drive to Lake Conroe and airport.Additionally, you'll appreciate the proximity to a variety of restaurants, shops, and entertainment options, making everyday living a breeze.
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About Conroe
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Last Updated: 4 months ago
Data Source: HAR , MLS# 91887111
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017