27680 Concho Drive
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by Doug Erdy Group | $160,000 | |
| Listed by Doug Erdy Group | |||
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This 1.89-acre lot is located in prestigious Rio Vista neighborhood! Come build your dream home and be a part of this great community! Quick access to Hwy 59 and Hwy 99. Close to Valley Ranch Town Center which has retail shopping, dining and entertainment and also close to Big Rivers Waterpark in New Caney. Don't delay as these lots don't last long!
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| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017