3319 Iron Pine 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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by RE/MAX The Woodlands & Spring | $325,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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FABULOUS FORMER D. R. HORTON MODEL! PREMIUM CORNER LOT LOCATION! Beautiful Accent Walls. Super Functional Interior Layout with Fantastic Gourmet Island Kitchen Open to Spacious Dining Area & Family Room! Oversized Island + Lots of Upgraded White Cabinetry & Granite Counter Space! Privately Located Primary Suite with Luxurious Huge updated shower, linen closet & Walk-In Closet! Big Secondary Bedrooms! Oversized Indoor Utility Room! Covered Oversized Back Patio! Whole House water softener, full house gutters, tankless water heater, Epoxy garage floor, New Interior paint, security system with front camera included by ADT. Great Community with Trails, Pool, Playground, & Fishing Pond! Minutes to Carl Barton Jr. Park! Zoned to Highly Rated Conroe Schools! INCREDIBLE OPPORTUNITY!
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About Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017