3222 Nodding Pines Street
About This Property
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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 |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by Morel Realty LLC | $280,000 | |
| Listed by Morel Realty LLC | |||
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Nestled in the back outskirts of the Woodlands, lies Timber Lakes Timber Ridge. Quick access to Woodlands Parkway and sawdust road. This home is located on one of the high spots and has NEVER flooded. The property has nice landscaping and several fruit trees. Large 12000 sqft lot, has a nice landscaped front yard and a beautiful 15’ above ground swimming pool. Has an additional 600 sqft not listed on tax records that is a workshop/mancave w/10ft ceiling and two A/C window units and one Heater unit. Plus has a Storage shed and even the Greenhouse has A/C and Heater. Fresh paint inside the house and garage, power flushing toilets, mostly tile throughout the house, updated master bathroom with soaking tub. Security Cameras. Fully Fenced backyard. Ready to move into. A very rare find and won't last long at this price. :)
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017