2225 Salt Grass Trail
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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Keller Williams Realty The Woodlands | $845,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Stunning home in the highly coveted community of Stillwater in Conroe, TX, zoned to highly rated Woodlands Schools! The homeowner's care and attention to detail shine throughout the home: from the welcoming front porch to the relaxing covered back porch and everything in between! Open concept living with a state-of-the-art kitchen for culinary enthusiasts, a formal dining room, an elegant home office with large windows, a welcoming family room with a cozy fireplace and soaring ceilings with crown molding and recessed lighting. The grand primary suite showcases an expansive primary bath & an extra-large walk-in closet! Enjoy the convenience of one-story living, plus a spacious and well-designed bonus living space upstairs complete with a guest suite, full bathroom, game room/media room with wet bar and climate-controlled storage, adding versatility and value to the home & offering extra space for guests, entertainment, or a private retreat. Great location with very easy access to I-45.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017