3 Shale Creek Circle
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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 15, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by RE/MAX The Woodlands & Spring | $588,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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**GREENBELT **CONROE ISD (Coulson Tough Elementary K-6)**NEW AC, POOL PUMPS, WATER HEATERS,NEW HARDWARE **POOL AND COVERED PATIO **4 BEDROOMS **3.1 BATHS **Spacious and well-kept property in Sterling Ridge. Elegant entry with hardwood floors leading to both study and formal dining room. Large kitchen and breakfast room are open to family room. Kitchen with stainless steel appliances, gas cooktop, granite countertops. Spacious master bedroom downstairs with upgraded master shower. Gameroom up plus 3 secondary bedrooms and 2 full bathrooms. Enjoy the backyard oasis with pool and covered patio. CONROE ISD SCHOOLS.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017