4086 Highland Pass
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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%.
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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 |
|---|---|---|---|
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by RE/MAX Compass | $625,000 | |
| Listed by RE/MAX Compass | |||
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Stunning Custom Built Home In Highly Sought after Highland Ranch. Quiet & secluded gated community centrally located to The Woodlands, Lake Conroe & Woodforest Golf. 3337 sqft, 4 BDRM 3.5 baths (2 bedrooms (flex rm/down) with three car garage w/all new epoxy flooring. Huge driveway. 30x30 metal shop w/newer lighting, great 4 RV/boat, hunting equip & toys! Versatile flr plan offers a TX sized (upstairs) GMRM. HUGE downstairs Master w/sitting area. Ideal bathrooms/closets/storage. Formal dining, cozy family rm w/surround sound & gorgeous wall of windows + wd burning frplace. Spacious secondary bdrms! Newer flooring! Beautiful kitchen w/custom maple cabinets, dbl oven, granite counters. New modern/custom paint throughout. METICULOUSLY CARED FOR. You won't find anything like it! Did not flood. Aerobic system, low taxes, No MUD taxes! Community wtr. Horses permitted.
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| Sep 22, 2020 | Sold | ||
| Sold | |||
| Aug 8, 2020 | Listed by Lake Conroe Realty | $474,999 | |
| Listed by Lake Conroe Realty | |||
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Immaculate custom home offering 4 bedrooms, 3 full baths, 2 half baths and room to store your RV and/or boat!! This beautiful home is nestled among mature trees providing shade and a park like setting to enjoy Mother Nature. There are 3 porches on the home where you can sit and watch the deer, bunnies and assortment of birds on a daily basis. Inside the home you will find that every inch was well thought &and therefore is an abundant amount of storage around every corner. Sellers have recently painted the exterior of the home, replaced all windows across the back of the home, added frameless showers in the bathrooms, new electric cooktop in the kitchen, added the back porch and gutters on the home. Kitchen has custom maple cabinets, granite counters, double ovens, under cabinet lighting, second sink & desk just off the laundry room. Surround sound, 36" doors throughout, central vac, water softener and 30'x30' metal shop. Hiking/biking trails behind the home. Horses welcome.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017