403 Trace Way 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 |
|---|---|---|---|
| Mar 20, 2023 | Sold | ||
| Sold | |||
| Feb 9, 2023 | Listed by eXp Realty, LLC | $189,999 | |
| Listed by eXp Realty, LLC | |||
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Beautiful 1.769 Acre lot in the booming community of Montgomery Trace! Build your dream home in one of the most exclusive subdivisions in Montgomery. Surrounded by other beautiful homes, this lot is on the corner and just a short trip to Woodforest Golf Club at Fish Creek or a quick trip to Lake Conroe. Montgomery Trace subdivision is surrounded by restaurants, award winning schools, entertainment venues, shopping and more. Just under 2 acres, this lot allows for a gated, private oasis. Street ends in cul-de-sack. Acreage behind the home is not developed which allows for extended privacy in the back. Builders personal inventory. Lot can be sold with options from multiple home plans. Builder S&H Custom Built Homes can work to get you for land only or with the construction of your new custom home on cost plus model. BUILD YOUR DREAM HOME TODAY!
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| May 6, 2022 | Sold | ||
| Sold | |||
| Apr 8, 2022 | Listed by Creighton Realty Partners, LLC | $175,000 | |
| Listed by Creighton Realty Partners, LLC | |||
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Beautiful 1.769 Acre lot in the community of Montgomery Trace. This property is surrounded by other beautiful homes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017