8540 S Williams Road
About This Property
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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%.
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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 14, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by Arrowstar Realty | $429,000 | |
| Listed by Arrowstar Realty | |||
| Jul 21, 2023 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by Berkshire Hathaway HomeServicePremier Properties | $400,000 | |
| Listed by Berkshire Hathaway HomeServicePremier Properties | |||
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Wow! This great one story brick home has a pool and sits on one acre!! Home was built by Tilson with a nice split floor plan that includes 3 bedrooms (2 are considered primary), 2 bathrooms and a 2 car garage. The sellers are the original owners and had the home and pool built. The kitchen/dining area is open to the den which creates an open homey feel. Kitchen and Dining combo makes gathering for dinner easy. All electric home, roof replaced in 2015, carpets removed in 2017 and pool pump replaced this year. This one is ready for you to move in and start enjoying the pool! Located close enough to all the amenities of Conroe, but far enough out for a little more rural feel. It is approximately 4 miles to Conroe Regional Airport, 6 miles to Conroe, 18 miles to Lake Conroe and 9 miles to the Fairgrounds. Only about a half hour to The Woodlands! Please wear a mask when touring the property.
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017