22118 Conquistador Drive
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 7, 2022 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by Boom Real Estate | $490,000 | |
| Listed by Boom Real Estate | |||
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Gorgeous home located in the much desired Spanish Cove Sub. sits on almost an acre. 35x60 Metal barn with a 945 sq.ft apt. and 2 indoor parking spaces, storage space above apt. covered porch area. Apt can be used as a guest house or rental income. Exterior recently painted. Large fenced in backyard, covered back patio. Ex lg driveway. Primary bedroom also opens up to a 12x13 room w/ closets, can be a 4th bedroom or office. Touch faucet, pantry w/ spice rack. Pull out cabinets on kitchen island. Granite counters, tile backsplash. Lots of counter space and cabinets for storage. Low HOA fees, access to Lake Houston, boat launch, park, covered pavilion and fishing pier. Huffman ISD. Call for a tour of this Beautiful Home. Apt. can be used for rental income.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017