48
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23 Townsend Place
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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.
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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 2, 2026 | Price Decreased |
$675,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by Pinnacle Realty Advisors | $695,000 | |
| Listed by Pinnacle Realty Advisors | |||
| Dec 30, 2022 | Sold | ||
| Sold | |||
| Nov 10, 2022 | Listed by Century 21 Realty Partners | $629,000 | |
| Listed by Century 21 Realty Partners | |||
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This sparkling clean 4/3.1/2 with pool & spa is nestled on a cul de sac homesite and backs to a wooded greenbelt reserve. This thoughtful plan offers a gameroom, office, & formal dining room. An oversized front porch is welcoming to guests as they enter the two-story foyer. The primary suite is situated on the 1st floor w an en’suite bath & custom closet. Updated kitchen boasts beauty & functionality: granite island, SS appliances, butler’s pantry, & a storage area. Cozy family room w extended living space & beautiful views. Easily work from home in the executive study. Generously sized gameroom upstairs. Enjoy endless hours of fun in the pool & spa. The pavilion provides a shade for outdoor dining & entertaining. Recent updates/upgrades incl: water heater '22 & HVACs '22, pool pump & much more. Conveniently located in The Woodlands, TX (Montgomery Co.) w easy access for commuters. Nearby world-class shopping, dining, & entertainment. No previous flooding. Low tax rate!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017