711 N Rivershire 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 |
|---|---|---|---|
| Oct 2, 2023 | Sold | ||
| Sold | |||
| Jul 26, 2023 | Listed by RE/MAX Universal | $325,000 | |
| Listed by RE/MAX Universal | |||
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Welcome to the enchanting community of Rivershire with its majestic and mature trees as well as an active community. This beautiful property boasts a relaxing in-ground pool/spa which sitting on 2 MASSIVE lots where you can customize the backyard into your private oasis. Located in the Heart of Conroe with prime retail and dining amenities. City has installed new waiter mains, repaved streets/curbs with Tachus and Consolidated Communications installing new lines. Spacious rooms with carpet, tile and parquet wood flooring through out. A chef's delight with an abundance of cabinets and counter-space! Check out the large bedrooms that have great walk-in closets. Sellers have completed partial window replacement with Anderson Windows. Park like setting country living in city limits. Call to schedule a private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017