31611 Waller Tomball Road
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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by RE/MAX Integrity | $214,900 | |
| Listed by RE/MAX Integrity | |||
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1 Acre, No HOA in the Heart of Waller! Manufactured home with new roof in September of 2023. A/C replaced in 2020. Approx. 720sqft metal workshop with garage door. Walking distance to Waller Village Shopping. Formal dining room opens towards den. Large open kitchen and breakfast area. Laundry room inside the home. Easy access to FM 2920 and Hwy 290. Minutes from Tomball.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017