25819 Oak Ridge Drive 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 |
|---|---|---|---|
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by Artemis Group Inc. | $649,950 | |
| Listed by Artemis Group Inc. | |||
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Excellent location in The Woodlands with easy access to major thoroughfares. The location is a single story home currently converted to commercial business. The large lot has plenty of parking with various opportunities.
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| Mar 15, 2019 | Sold | ||
| Sold | |||
| Jan 13, 2019 | Listed by RE/MAX Distinction | $695,000 | |
| Listed by RE/MAX Distinction | |||
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Prime location in The Woodlands close to I-45, Exxon and all The Woodlands amenities! Sits on .5 acre unrestricted lot. Property currently has a one story home that is being used for commercial use.
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About The Woodlands
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88172552
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