567 Brandon Road
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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%.
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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 |
|---|---|---|---|
| Dec 31, 2020 | Sold | ||
| Sold | |||
| Dec 11, 2020 | Listed by Texas Palladium Properties | $179,000 | |
| Listed by Texas Palladium Properties | |||
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Home on golf course in the beautiful community of River Plantation. Spacious with high ceilings, updated kitchens, baths and flooring. Four large bedrooms and two luxurious bathrooms and half bath. The loft overlooking the golf course makes a great office space! Selling 'As-Is'. Great opportunity to own in an established neighborhood of Conroe, convenient to shopping, dining, and entertainment in The Woodlands and Conroe, via I-45.
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About River Plantation
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Last Updated: 6 months ago
Data Source: HAR , MLS# 5065623
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