3211 Chippers Crossing
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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 24, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by Area Pro Group North Lake | $229,900 | |
| Listed by Area Pro Group North Lake | |||
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Don't miss out on this charming GOLF COURSE home, located on a fabulous street in the highly-sought lake resort community of Walden on LAKE CONROE! Upon entering, you will be greeted with a spacious & flowing floorplan, lovely wood floors, cozy brick fireplace, and large windows with plantation shutters overlooking your spacious covered back porch and the peaceful surroundings of nature. The large kitchen overlooking the breakfast room and living space is truly an entertainer's delight. Enjoy lush landscaping in this peaceful and serene setting, while enjoying all the many amenities that Walden has to offer. A full-service marina, championship golf, Yacht Club dining, casual dining, tennis courts, fitness facilities, neighborhood pools, dog park, playground, and so much more! Montgomery ISD with easy access to I-45.... this one is sure to go fast!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017