5880 White Oak Trace
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 |
|---|---|---|---|
| Sep 22, 2020 | Sold | ||
| Sold | |||
| Jun 8, 2020 | Listed by Texas State Realty | $499,900 | |
| Listed by Texas State Realty | |||
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Stunning 3/2.5/3 car garage one story home, steps from Lake Conroe! Located in highly sought after, small, gated community of White Oak Ranch. Boat launch just down the street. Over 1/3 of an acre corner lot provides ample privacy and lush landscaping. Established fruit bearing trees line the yard - peach, lemon, orange, date, fig, and more! Over 130 sprinkler head irrigation system keeps them well watered. Estate style pool and outdoor kitchen with smoker makes for easy entertaining and escape from the Texas heat. Charming circle drive leads to your front entry. Lovely wood floors through the main living areas of the house. This kitchen is a show stopper! Massive quartz island with tons of storage, floor to ceiling cabinets, subway tile backsplash, handsome range hood, double ovens and more! All bathrooms renovated, his and hers closets, huge laundry room and many more custom touches. Feel like you are on vacation year round! LOW tax rate, lake access, minutes to I-45, NO FLOODING!
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About White Oak Ranch
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$2,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017