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244 N Cascade Heights Drive
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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 |
|---|---|---|---|
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Oct 7, 2026 | Listed by Diamond Homes Realty | $325,000 | |
| Listed by Diamond Homes Realty | |||
| Oct 26, 2021 | Sold | ||
| Sold | |||
| Jun 23, 2021 | Listed by Move Up America | $329,915 | |
| Listed by Move Up America | |||
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UPSCALE master-planned community with AMENITIES, AMENITIES, AMENITIES- WOODFOREST!! Enjoy - Woodforest Golf Club - a 27 championship golf course, walking trails, tennis/basketball, Rec center, & parks/playgrounds. Only minutes from The Woodlands, Lake Conroe, w/ lots of nearby shopping & dining. Come see this new, exciting 1 story, 3 Bedroom, 2 Baths, 2 car garage home in a wooded area of Woodforest. Large family room, open to the kitchen with/quartz island and countertops, stainless appliance package, upgraded lighting, and under cabinet lighting. Main bedroom suite w/ large walk-in closet, spacious secondary bedrooms. Wood Look Tile Throughout the home. Full Gutters and Security System included. Chesmar is the builder and the home is under construction. As such, photos are representative and are not of the actual home. Selections will vary. For more info contact Chesmar Homes. OCT/NOV. estimated move-in!
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About Montgomery
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$6,500 /mo
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$1,594 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017