22311 Pittman 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 |
|---|---|---|---|
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Aug 23, 2021 | Listed by Texas Home Shop Realty | $95,000 | |
| Listed by Texas Home Shop Realty | |||
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Build your Dream Home on this Beautiful property that is "cleared" with mature trees retained. Your property backs up to a lovely creek. The ''Country Community'' of Chenango Ranch offers picnic areas at the park, a private lake that is stocked with fish where you can enjoy the beautiful outdoors fishing, kayaking, canoeing and paddle boating everyday. You will have the bonus of no mud taxes. Just minutes away from Hwy288 & FM521 for easy commutes to Houston, the Medical Center and Gulf Coast region. The approved 26-mile segment of the Grand Parkway will soon connect SH288 to US59 south.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017