8142 Wollemi Pine Road
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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 |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by Turner Mangum,LLC | $310,000 | |
| Listed by Turner Mangum,LLC | |||
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The Cypress II floorplan - Nestled in an idyllic rural location west of The Woodlands - near Highways 45, 249 and 99 - Magnolia provides easy access to regional economic and entertainment hotspots, a small-town atmosphere and an array of recreational options. You'll also love the exceptional community amenities, including a lake, a splash pad and walking trails. The community is also within the boundaries of the respected Magnolia Independent School District.
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About Montgomery
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$5,700 /mo
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$5,300 /mo
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89326899
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