892 Gerry 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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | In contract | - | |
| In contract | |||
| Apr 5, 2024 | Listed by RE/MAX Preferred Homes | $299,999 | |
| Listed by RE/MAX Preferred Homes | |||
| | |||
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Come view this Beautiful 3 bedroom 2 full bath home and to top it off a huge laundry room with plenty of storage space, this home sits on 1.7 Acres now that's what you call country living. The home has been renovated and it's by far just gorgeous as your clients can see from the photos, the property/lot itself has a lot of adventurous things such as the huge backyard and ton of space for all the backyard activities and there's also a hidden gem that sits right out in your backyard in which your family would love their own wooded pond ! this residence is situated in Conroe, close to I-45 & Hwy 105 for effortless commuting, stop by today to show your clients this Hot listing it will not last long! Room sizes should be independently verified.
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| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 16, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017