22217 Sumac Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 29, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by Powell Real Estate | $350,000 | |
| Listed by Powell Real Estate | |||
| | |||
|
*** HARD TO FIND 1.98 ACRES * WATERFRONT * ~ INCREDIBLE LOCATION! *** a prime piece of real estate right in the heart of Spring - North Harris County! Backs to small Mossy Oaks Lake, loaded with catfish, bass, and perch. The PERFECT SPOT ~ close to everything: only a half-mile to the Grand Parkway [TX 99], easy access to Gosling Rd 3 mi; I-45 4 mi, and minutes to Kuykendahl, TX 249, ExxonMobil, The Woodlands, and Tomball. ENDLESS POSSIBILITIES ~ this property is not part of an HOA and is suitable for many uses in a booming area. This property is a great find, in a HOT up-and-coming area, with LOADS of NEW DEVELOPMENT! Well & septic reqd. Natural gas is available. IMPORTANT ~ Ask for maps & info before you go
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Mossy Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,178 /mo
- 3 Beds
- 2 Baths
- 1,500 ft²
$1,999 /mo
- 3 Beds
- 2 Baths
- 1,520 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017