728 Fallen Hemlock Court
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, 2026 | Sold | ||
| Sold | |||
| Aug 10, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | $360,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | |||
| Jul 28, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed by LGI Homes | $344,900 | |
| Listed by LGI Homes | |||
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This beautifully designed, new construction home is located in the rolling hills of the family-friendly community of Wedgewood Forest in Conroe. This charming home offers a true retreat for the whole family with a picturesque, wooded lot just out back. No back neighbors! This spacious home includes a chef-ready kitchen with polished granite countertops, white wood cabinetry and stainless-steel appliances, including a fridge with an ice maker and water dispenser. The primary suite showcases two large windows, a huge walk-in shower with tiled walls, and a spacious walk-in closet. In addition to well-crafted homes, Wedgewood Forest offers residents incredible on-site amenities, including a fishing pier and cabin, a park with a playground, tennis courts, nature trails, and a covered Ramada with benches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017