528 Robert E Lee 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 |
|---|---|---|---|
| Feb 12, 2026 | Sold | ||
| Sold | |||
| Dec 16, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Oct 13, 2025 | Listed by Orchard Brokerage | $260,000 | |
| Listed by Orchard Brokerage | |||
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This Conroe home is perfectly situated on a large corner lot and offers 5 bedrooms and 2.5 bathrooms. With spacious living areas, this home provides plenty of room for both everyday living and entertaining. The layout is ideal for those needing extra space for a home office, hobbies, or guests, giving flexibility for a variety of lifestyles.
Located in a convenient area of Conroe, this home offers easy access to local shopping, dining, and entertainment. Nearby parks, trails, and recreational areas provide opportunities for outdoor activities, while major roadways make commuting throughout Conroe and the greater Houston area simple. Combining space, functionality, and a desirable location, this property is a wonderful opportunity for its future owners.
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| Sep 29, 2025 | Sold | ||
| Sold | |||
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About River Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017