31606 Cape May Court
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 26, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Richmond Realty Group | $305,000 | |
| Listed by Richmond Realty Group | |||
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Welcome to your dream single-story all brick home located in a highly sought-after Imperial Oaks with no back neighbors!! This charming residence features four bedrooms and two full bathrooms, including a primary suite with dual sinks, a soaking tub, separate shower, and a walk-in closet. The spacious living room with gleaming hard wood floors adorned with several windows, invites an abundance of natural light and boasts a cozy gas log fireplace. Great kitchen with granite counters, stain-less steel appliances and plenty of cabinet and counter space. Enjoy the formal dining area or flex space to fit your living needs. Three guest bedrooms are strategically split from the primary for added privacy. Step outside to a generous backyard with a covered patio with plenty of space for pets and children to run and play. Nearby walking trails, neighborhood pool, and clubhouse. Conroe ISD Schools. You don’t want to miss this opportunity to make this amazing home yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017