7433 Mango Orchard Lane
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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 |
|---|---|---|---|
| Mar 15, 2021 | Sold | ||
| Sold | |||
| Jan 28, 2021 | Listed by Walzel Properties | $237,900 | |
| Listed by Walzel Properties | |||
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Beautiful DR Horton home just built in 2017 in the Master Planned Community of Water Crest On Lake Conroe. This home offers an Island Kitchen with plenty of counter space, granite countertops, stainless steel Frigidaire appliances and pantry all open to the living-dining areas. The bedrooms are all spacious with an ensuite bathroom in the Master bedroom and large walk-in closet. Large fenced in backyard with sprinkler system and covered patio. Water Crest on Lake Conroe has many amenities including recreation center, pool, club house, dog park, ponds and private boat ramp access. Just minutes from I-45 this home is conveniently located close to restaurants, shops and schools.
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About Conroe
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Currently no similar homes aroundNearby Rentals
$2,600 /mo
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$2,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017