33 Gregory Lane
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 |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 23, 2025 | Listed by JPMG Real Estate | $205,000 | |
| Listed by JPMG Real Estate | |||
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This expansive, unrestricted 2.41-acre parcel offers the perfect canvas for your dream estate. Create your ideal residence and still have plenty of room for a workshop, warehouse, RV toys, and more. Quality homes in a quiet and level setting, the lot is fully cleared and ready to build. Convenient access to I-45 North, making commutes to Conroe, Huntsville, or even Houston effortless. Located within the New Waverly ISD, benefits from strong community schools from elementary through high school. Surrounded by the scenic beauty of the Sam Houston National Forest, residents have easy access to hiking trails, fishing, camping, and boating on nearby Lake Conroe. This lot strikes a rare balance, secluded country living, yet moments from city conveniences. Whether you’re planning a stunning custom home or envisioning space for businesses or hobbies, this property delivers flexibility, freedom, and lifestyle. Build here, build large, and enjoy all that East Texas acreage life has to offer.
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| Oct 20, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by RE/MAX Elite Properties | $150,000 | |
| Listed by RE/MAX Elite Properties | |||
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2.40 cleared acreage. Dreams changed for the sellers.. on to the new PLAN. This street is built up with some amazing homes all on similar parcels. Unrestricted.. but pride of ownership is clearly present. New Waverly is growing. Short distance to Conroe, Huntsville and the National Forest. The beauty of the country and close to the amenities of the city. Night stars are shining so bright over this lot. The back of this parcel is lined with trees. bring your golf cart.. the winery is just a short trip away. Low taxes. Great school teacher-student ratios..
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017