2531 Centerline Road
About This Property
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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 |
|---|---|---|---|
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Oct 14, 2021 | Listed by Compass Re Texas, LLC | $729,000 | |
| Listed by Compass Re Texas, LLC | |||
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Nestled in the sought-after Northline Oaks area - just outside The Woodlands, this stunning custom contemporary is nestled on a private, wooded lot. Fantastic windows, high celings, architectural detailing at every turn! Bleached wood cabinetry, sophisticated lighting, tray ceilings. The unique floorplan is easily adapted to a more conventional use, including a 4th bedroom if desired. Formal and casual dining, a tremendous laundry/mud room, upstairs gameroom (complete with kitchenette) and media (or 4th bedroom), dual staircases. The landscaping is a combination of artful nature AND design, plus paver patios and fountains. An automatic gated entry and circle drive, as well as a 3 car garage and parking pad is featured as well. A good portion of the lot has been left natural - and without restrictions, is ripe with possibilities. Access to I-45, the Woodlands Sports Park, The Woodlands Christian Academy, The Woodlands Hospital district and Town Center, are all just minutes away!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017