27707 Ossineke Drive
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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%.
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 3, 2023 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $875,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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Dreaming about the Hill Country? Incredible Benders Landing Estates Custom Ranch with main home offering approximately 3377 sq. ft. with 3 bedrooms & 3 full baths. In addition the (744 sq. ft.)garage apartment w/living room, kitchen, bedroom, and full bath over a 3 car garage. Great opportunity for Buyers wanting a smaller footprint with larger lot, plus a fully equipped guest quarter. Single story living with central family room providing fantastic space for entertaining. Built-in Murphy bed in study next to full bath provides a 4th guest sleeping option. Beautiful luxury finishes including custom built-ins, tray ceilings, wood plank ceilings, wood flooring, plantation shutters, exterior & interior stone work, high end appliances & abundant storage with many cabinets & walk-in closets. Meticulously cared for and sure to impress. Convenient location within Conroe ISD, with Community Amenities including catch and release fishing, clubhouse, fitness, sports courts & pool.
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| Mar 19, 2021 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by Keller Williams Realty | $679,900 | |
| Listed by Keller Williams Realty | |||
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Pristine home that shows like new! Located in the coveted community of Benders Landing Estates positioned on a full acre in a natural setting. The primary home offers 3380 SF of one story living. There is an additional 741 SF garage apartment over the oversized 3 car garage. The apartment has a den, kitchen, bedroom, & full bath. The main home offers an enormous living area w/open concept plan. There are three bedrooms plus a large study w/built in Murphy bed & closet for your guests! All bedrooms (& Study) have convenient access to bathroom too. Highlights include gleaming walnut hardwood floors throughout the home, knotty alder cabinets & doors, crown molding, trey ceilings, soft close drawers & hinges, whole house water softener system & filtration system, tongue & groove outdoor ceilings, soffit lights & electrical outlets, Ecobee thermostat, Ring doorbell, & more! Zoned to top Conroe ISD schools w/convenient access to I45, I59, Hardy Toll, & grand parkway. It's a showstopper!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017