2222 Royal Ann 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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by Top Guns Realty on Lake Conroe | $350,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
| Nov 10, 2022 | Sold | ||
| Sold | |||
| Apr 5, 2022 | Listed by Meritage Homes Realty | $339,776 | |
| Listed by Meritage Homes Realty | |||
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Brand NEW energy-efficient home ready September 2022! Sleek Package. A private study makes a perfect home office or play room. Clear sight lines from the kitchen through the family room bring everyone together, while twin secondary bedrooms are tucked away in their own hall. Whether you’re headed to work or for a night out, Cherry Pines is just minutes away from premier retail, restaurants, and employment centers. Send the kids to school in the sought-after Tomball school district and enjoy weekends at the future pool and playground. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017