719 Ruby Lane
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 15, 2023 | Sold | ||
| Sold | |||
| Sep 9, 2022 | Listed by BHGRE Gary Greene | $655,000 | |
| Listed by BHGRE Gary Greene | |||
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This is your opportunity to build your Dream Home or business! Capitalize on this lush 3.38 acre (UNRESTRICTED) lot nestled in a cul-de-sac in the distinguished Pine Ridge neighborhood, and zoned to the highly-rated Tomball Independent School District. The lot includes a 4,257 sq ft shop with plenty of room for your vehicles, farm equipment, and so much more!!! The land has been cleared, has a newly-installed water well, lines for electricity and phone connections. Enjoy the quiet serenity of country living, but remain close to Tomball and Pinehurst, with easy access to 249, The Woodlands, and 99.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017