24206 Strong Pine 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%.
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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Realty Associates | $225,000 | |
| Listed by Realty Associates | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 23, 2021 | Listed by Keller Williams - Houston-Northeast | $225,000 | |
| Listed by Keller Williams - Houston-Northeast | |||
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Updated 4 bedroom home with an open floor plan. Granite counter tops and gas cooktop. Large den with fireplace perfect for entertaining! Both bathrooms have been remodeled!! Not only can you enjoy the pool and the covered patio. Full yard sprinkler system. Neighborhood has boat launch on Lake Houston. Schedule a private showing today!! The manager has listed the unit size as 1428 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017