485 West Drive
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 |
|---|---|---|---|
| May 9, 2022 | Sold | ||
| Sold | |||
| Apr 8, 2022 | Listed by Top Guns Realty on Lake Conroe | $274,900 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Modern Farmhouse meets Craftsman in this charming, beautifully remodeled & updated home on almost 3/4 unrestricted acre. Large rooms, 11' ceilings, original restored hardwood floors, lots of windows. Huge back deck faces pasture land w/ amazing views. NO BACK NEIGHBORS except an occasional cow or critter. NO HOA, NO MUD TAXES. All city utilities including natural gas & high speed internet. Amazing kitchen w/custom built cabinets, SS appl, island, opens to huge living area. Replaced/remodeled within last 3-5 years: HVAC, new PEX plumbing, electrical, appliances, kitchen, both bathrooms, shiplap interior walls, exterior smart siding, new 22 x 8 cov. composite front deck, 28 x 11 back deck. Huge 19' flex room, 2 lots w/circular drive, detached 2 car garage on slab w/AC workshop or storage. If you are looking for an updated home that kept the vintage charm with a country atmosphere & room to roam, you've found your new home. Easy access to I-45, The WL, Huntsville.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017