407 Avenue F
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 |
|---|---|---|---|
| Oct 13, 2021 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by Jo & Co. Realty Group | $799,999 | |
| Listed by Jo & Co. Realty Group | |||
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Wow! Welcome to one of the most unique properties in all of Downtown Conroe. Originally the Hooper Estate, but previously used by Buckner Family Services as office space. This sprawling estate was established and built by Dr. and Mrs. W.N. Hooper in 1894. Since 1894, the property has undergone many additions and improvements. It currently houses a 3,793 sqft home built in 1972, the original home with 5,508 sqft (includes garage apartment), and many other buildings. This land can be zoned and used in many manners (commercial, residential, multi-family, etc.), and we welcome you to reach out to the City of Conroe's City Planner's office for more information. Feel free to walk the exterior of this land, but call for any on grounds visits. We welcome all serious offers and buyers. Please self-verify data.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017