31141 Aspen Gate Trail
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%.
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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 27, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | Listed by eXp Realty LLC | $427,500 | |
| Listed by eXp Realty LLC | |||
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Four bedrooms, three baths, study with French doors. Like new single story home in a quiet neighborhood in a Culdesac. Large kitchen w/ center island and upgraded back splash, open to Living room. Stainless Steel appliances, granite counters w/island seating, walk in Pantry with lots of cabinets/storage. High vaulted ceilings throughout the home and the study comes with window pane French doors. Primary Bath has an oversized tub, separate shower & double sinks. Crown molding, wood like tile through the entire house. Home comes with sprinkler system. Large covered back patio w/gas hook-up. Home is walking distance from Resort type Pools, Splash pad, Playgrounds, Fitness Center, Private Clubhouse. Nature Trails & Lakes throughout neighborhood. Award Winning Schools in Conroe ISD. Just Minutes to The Woodlands Mall and ExxonMobil. No flooding!
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017