2208 Oak Rise Drive
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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 |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Sep 17, 2020 | Listed by Top Guns Realty on Lake Conroe | $244,900 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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4 Bedroom with Office/Study and big Gameroom. No connecting Neighbors behind. Nice Neighborhood located just behind Grand Central Park - Conroe. Great floorplan with kitchen open to family room. Formal Dining room. Upstairs office has french doors and could be used as a 5th bedroom. Huge Walk in closet in Primary Bedroom. Jetted tub and steam shower in Primary bath Builder warranty still remaining for Roof and Structure-Foundation. Full front & back yard sprinkler system. Good Investment for Rental Property - homes in this neighborhood lease around 1.00 sq ft
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017