8867 Van Allen Drive
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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 22, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Feb 11, 2024 | Relisted | $650,000 | |
| Relisted | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Jan 29, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $650,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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Welcome to Founders Reserve, a private, gated community in The Woodlands! This beautifully maintained home is located on a quiet street and backs to a beautiful green space. Light and bright floorplan, with all bedrooms down and open living/kitchen area. As you enter this home you are met with high ceilings, wood floors and lots of windows! The study has custom built-ins and looks out over the covered front porch. Conveniently located on the first floor are both guest bedrooms . Primary suite is located in the back of the home for added privacy. Kitchen has a large island with counter seating and is open to living area with a wall of windows overlooking the private backyard! Extra living and entertaining space can be found upstairs with a large gameroom, media room and additional full bath! 2 EV chargers in garage! Low maintenance, private backyard with covered patio and gate access to greenspace! Enjoy all that the Woodlands has to offer with low taxes and no MUD! See update list!
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About The Woodlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 3 Beds
- 3 Baths
- 4,314 ft²
$4,900 /mo
- 3 Beds
- 3 Baths
- 2,829 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017