728 Springwood Drive
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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 |
|---|---|---|---|
| Aug 22, 2022 | Sold | ||
| Sold | |||
| Jul 24, 2022 | Listed by Ultima Real Estate | $160,000 | |
| Listed by Ultima Real Estate | |||
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Welcome to Lake Chateau Woods. This is a developed neighborhood low taxes and no HOA. Minutes to The Woodlands Mall and the wonderful activates and all the entertainment you can imagine. Conroe ISD schools close by. The community has easy access to HWY 45, Hardy Toll Rd and Hwy 99. Two lots are together can be divided to build two new homes. Lots are high and dry and no flooding. A park is behind the lots and has a gate for access. There is a storage garage and a tiny shell home that sits on the back of the lots. The tiny home can be bought separate or stay would make a great guest home or granny unit just add plumbing for a bath and kitchen. Home is dry walled and is wired for electric is 12x32. Make your appointment today.
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About Montgomery
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 3 Beds
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- 4,314 ft²
$2,200 /mo
- 3 Beds
- 2 Baths
- 2,654 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017