5435 Pine Springs Court
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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 15, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by Nan & Company Properties | $350,000 | |
| Listed by Nan & Company Properties | |||
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Discover the perfect canvas for your dream home in Conroe! This HIGHLY desirable lot boasts city water and sewer access, along with the charm of old-growth trees. With no MUD or HOA restrictions, you have the freedom to bring your vision to life. Conveniently located just minutes from downtown Conroe, The Woodlands, and Lake Conroe, this property offers both tranquility and accessibility. Embrace the opportunity to build your ideal lifestyle in this picturesque setting.
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| Dec 20, 2022 | Sold | ||
| Sold | |||
| Sep 20, 2022 | Listed by J Properties | $299,000 | |
| Listed by J Properties | |||
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CITY of CONROE WATER & SEWER! NO MUD! NO HOA! TONS OF OLD GROWTH TREES! THIS LOT HAS BEEN UNDER-BRUSH CLEARED AND IS READY FOR YOUR DREAM HOME! Current Owner recently sold the adjacent home and lot and is offering this gorgeous property! Minutes from the heart of Conroe, The Woodlands, and Lake Conroe!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017