2232 2232 Ivy Wall Drive Drive
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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%.
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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 |
|---|---|---|---|
| Apr 22, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Top Guns Realty on Lake Conroe | $225,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Single story 3/2/2 in quiet community of Cedar Woods. Split floor plan features two large living areas which could be used as office, game room, etc. Large primary BR features an en suite bath with separate shower & tub, dual sinks & walk-in closet. Very open floor plan with kitchen open to living and dining, island kitchen, granite countertops, tile backsplash, gas range & breakfast bar. 3 sides brick, nice sized fenced back yard. Over 2,000 s.f. of living, 2 car garage with painted epoxy floor. Brand new interior paint throughout, carpets just professionally steam cleaned & home professionally cleaned. Only 3 years old and shows beautifully. Community park less than a block away. Walking distance to schools. Minutes away from heart of Conroe, attractions of The Woodlands and close to I-45/336 for commuting. NO FLOODING OR FREEZE DAMAGE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017