22307 Pine Tree Drive
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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%.
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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 |
|---|---|---|---|
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by Factor 8 Realty | $520,000 | |
| Listed by Factor 8 Realty | |||
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This beautiful home is in a hidden gem of a neighborhood that has a country feel, but is close to all the amenities of Tomball. With great curb appeal, gorgeous interior finishes, an open layout that is excellent for hosting gatherings, a delightful primary suite, 2 additional large bedrooms, a good size study that could be used as a 4th bedroom, a 3 car garage, and a great kitchen, this might just be the perfect home. Add the large backyard with the pool and spa with no back neighbors and you may have just found your dream home! Plus, this home is in the Tomball City Limits so you have a tax rate that is below most of the surrounding area at only 2.26%, great schools, and Tomball Police and Emergency services.
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| Apr 30, 2019 | Sold | ||
| Sold | |||
| Mar 27, 2019 | Listed by RE/MAX Elite Properties | $312,000 | |
| Listed by RE/MAX Elite Properties | |||
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A hidden gem of a neighborhood, close to the country but also convenient to town. This beautiful one-story home welcomes you with great curb appeal and an amazingly upgraded interior! BRAND NEW hardwood floors throughout the entry, main living areas and master. A striking stone wall separates the spacious formal dining area from the family room. Cozy up in front of the stone fireplace which is the focal point of the family room. HUGE center island with pendant lighting separates the kitchen from the family room. Granite counters, a gas cook-top and stainless appliances are featured in the kitchen. Spacious master suite with ensuite master bath with framed mirrors, dual vanities, garden tub and walk-in shower. NEW CARPET in the secondary bedrooms which are separated by a full bath at the front of the home, providing great privacy for the owners and guests. Enjoy relaxing on your covered back patio. No backyard neighbors. Easy access to Hwy 249 and Hwy 99. MOVE-IN Ready!
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About Pine Country of Tomball
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Last Updated: 4 months ago
Data Source: HAR , MLS# 84590814
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Address: 335 Madison Avenue, New York, NY 10017