2362 Hagerman Road
About This Property
Zoned to the highly acclaimed Conroe ISD, this recently constructed home exudes modern elegance and functionality. Boasting 4 spacious bedrooms and 4.5 baths, this home also features an additional game room, perfect for entertainment and leisure. The gourmet kitchen is a chef's dream, equipped with built-in appliances, a dedicated vent hood, and a generous island adorned with stylish pendant lighting. The open-concept layout flows seamlessly into the living area, which showcases beautiful LVP wood flooring throughout the first floor. The primary suite is a luxurious retreat, complete with dual sink vanities and an expansive walk-in closet. Enjoy outdoor living on the covered patio, ideal for gatherings and relaxation. Don't miss this opportunity to own a home that combines architectural sophistication with modern amenities in the heart of Stillwater.
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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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Price Decreased |
$480,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Aug 25, 2024 | Relisted | $500,000 | |
| Relisted | |||
| Aug 24, 2024 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017