Lot 3 & 4 April Wind Court
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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 29, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 26, 2021 | Listed by eXp Realty, LLC | $75,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
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What a wonderful opportunity to own property in prestigious April Sound and build your dream home. Combine Lot 3 with Lot 4 for larger home site. Beautiful clubhouse offering pools, fitness facility, and restaurants which are available with social membership (mandatory). Twenty-seven holes of golf available with additional golf membership. Tennis also available (covered and open air with additional membership). Enjoy resort living in this quiet gated subdivision with Lake Conroe, ASCC and all amenities that they have to offer.
| |||
| Sep 26, 2020 | Price Increased |
$60,000
↑ $25K
(71.4%) | |
| Price Increased | |||
| Aug 25, 2020 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017