3421 Evergreen Drive
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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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Jan 2, 2026 | In contract | - | |
| In contract | |||
| Dec 29, 2025 | Listed by RE/MAX Universal | $170,000 | |
| Listed by RE/MAX Universal | |||
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Great Opportunity to build in Kingwood! No Restrictions! This piece of land is ready to go, with well and septic already operating on the property. There is a mobile home on the property, currently tied to well and septic. This is a prime location and with no restrictions the possibilities are endless. At just under 1 acre, partially fenced and cleared, this lot needs minimal to start building! Stop by for a look today!
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| Oct 11, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2023 | Listed by Results Real Estate | $155,500 | |
| Listed by Results Real Estate | |||
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ALMOST ONE ACRE ON BACKSIDE OF KINGWOOD, Beautiful unrestricted property with endless possibilities! Located minutes away from Highway 59 & Grand Parkway 99! Property is cleared with well, electricity and septic. SELLING AS LOT VALUE ONLY!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017