23611 Cannondale Loop
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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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Listed by Carswell Real Estate Co. Inc. | $298,000 | |
| Listed by Carswell Real Estate Co. Inc. | |||
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Beautiful 1.904 +/- acres in the prestigious community of High Meadow Estates. This corner lot is heavily wooded with large gorgeous mature trees. Put your stamp on the property as to how private you would like it to be. Cool creek in front of the property with plenty of high property to build that custom home you have wanted. Underground utilities as well as fiber optic internet is featured in this great community. Neighborhood amenities include a biking & hiking trail, swimming pool, & tennis courts. Convenient location with Magnolia, Tomball, Lake Conroe, The Woodlands, and the Bluejack National golf community all within 5-15 miles away. Deed restricted subdivision with no time restraint to build. no MUD tax. Magnolia ISD.
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| Feb 25, 2024 | No longer available | - | |
| No longer available | |||
| Jan 10, 2023 | Listed by Carswell Real Estate Co. Inc. | $349,000 | |
| Listed by Carswell Real Estate Co. Inc. | |||
| | |||
|
Beautiful 1.904 +/- acres in the prestigious community of High Meadow Estates. This corner lot is heavily wooded with large gorgeous mature trees. Put your stamp on the property as to how private you would like it to be. Cool creek in front of the property with plenty of high property to build that custom home you have wanted. Underground utilities as well as fiber optic internet is featured in this great community. Neighborhood amenities include a biking & hiking trail, swimming pool, & tennis courts. Convenient location with Magnolia, Tomball, Lake Conroe, The Woodlands, and the Bluejack National golf community all within 5-15 miles away. Deed restricted subdivision with no time restraint to build. no MUD tax. Magnolia ISD.
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Property Highlights
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About Montgomery
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Last Updated: 5 months ago
Data Source: HAR , MLS# 98789659
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Address: 335 Madison Avenue, New York, NY 10017