245 Point Clear 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 |
|---|---|---|---|
| Mar 30, 2021 | Sold | ||
| Sold | |||
| Feb 5, 2021 | Listed by Home Trend Realty | $220,000 | |
| Listed by Home Trend Realty | |||
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Unlimited opportunity with this 3 bed 2 bath on a huge double lot in Panorama Village. Panorama has a ton to offer! They have their own golf course, their own police force, their own town hall! 10 minutes from Lake Conroe. 20 Minutes from the Woodlands Mall. This little getaway in its own Village is just far enough away to feel like you've escaped, but close enough that it is convenient to Houston, The Woodlands and Conroe. Several updates throughout the home including an open concept Kitchen, updated 2nd bathroom, paint inside and out. The attached study makes this a great home to work from. And bring your golf cart for the additional golf cart garage in the back! Beautifully landscaped all around. Plenty of fruit bearing trees and an enormous space in the backyard to do anything with! Schedule your private tour today. This one will not last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017