29 Ranch Road One
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 27, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by RE/MAX Integrity II | $572,500 | |
| Listed by RE/MAX Integrity II | |||
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Don’t let this Gem get by you. Nestled on 3.17 acres close to Huntsville, Willis, Conroe, but has the quiet country feel, sits this 3 or 4 bed 3 bath 2 car garage attached. You just can't beat the location of this home. This floor plan is set up for great functionality & is very spacious. The Master Bed & Bath are separated on the opposite side of the home than the additional 2 or 3 bedrooms (Large bonus room up with full bath.) Great location to be out in the country with easy access to I45. This land is mostly cleared except for the very back of the property. Want horses? Cows? The 4-animal (very nice) barn is already there as well as another out-building. The home has been immaculately maintained. The stars at night! So far and yet...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017