29923 Adobe Falls 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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by eXp Realty LLC | $445,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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OPEN HOUSE MAY 18+19 FROM 1-3PM. Nestled in the heart of Canyon Lakes at Legends Ranch, this home boasts access to top-rated schools in Conroe ISD. Step into natural light cascading over an airy open floor plan, offering comfort & space for every occasion. Enjoy nearby amenities such as parks, trails & community pools. W/ easy access to major highways, shopping & dining, convenience is at your fingertips. Welcomed by a graceful wrought iron staircase, discover a freshly repainted home. Embrace the charm of 2" faux wood blinds & ceiling fans in every room. With both a formal living area & a game room, there's abundant space for relaxation & entertainment. Tall ceilings add to the airy openness, while the upgraded flooring offers both durability & elegance. The chef's kitchen delights w/ a spacious island, 42" cabinets & sleek granite countertops. Outside, lush landscaping & 6-zone sprinkler system complete the inviting atmosphere. Schedule your showing today, this gem won't last long!
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| May 11, 2024 | No longer available | - | |
| No longer available | |||
| May 9, 2024 | Price Decreased |
$452,000
↓ $7K
(1.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017