26803 Apache Trail
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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 |
|---|---|---|---|
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Jan 3, 2022 | Listed by Top Guns Realty on Lake Conroe | $99,900 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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2+ acre wooded lot, small pond, beautiful large hardwoods, had house at one time back in the 1980's, but it burned down. Old well and septic, but do not know the condition of them, if they still exist or operate. Deed restrictions recorded in 1968 are in docs, but did not locate newer recorded restrictions. New survey, metes and bounds and elevation certificate available. Buyer to research and verify all utilities available, size of lot, floodplain, and deed restrictions. Several new subdivisions being developed in this area. Magnolia ISD. Low tax rate.
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About Spring Creek Forest North
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Last Updated: 4 months ago
Data Source: HAR , MLS# 36493602
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017