9502 Old Cedars Dr
About This Property
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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 |
|---|---|---|---|
| May 6, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Price Decreased |
$174,999
↓ $15K
(7.9%) | |
| Price Decreased | |||
| Nov 14, 2025 | Price Decreased |
$190,000
↓ $20K
(9.5%) | |
| Price Decreased | |||
| Jun 17, 2025 | Listed by Aaron Flippin | $210,000 | |
| Listed by Aaron Flippin | |||
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What Are You Waiting For? Put Down Roots in The Cedars!
The Cedars in Plantersville, TX is a newly developing residential acreage community with a name that nods to its historic roots. The tract of land has historically been known as The Cedars locally and was settled in the 1830s by farmers and ranchers from Arkansas and Alabama. High Meadow Development Company only clears trees and foliage needed for street and infrastructure, making the Cedars a perfect place for homeowners who want to appreciate the natural landscape.
The Cedars is located in the city of Plantersville, just 5 minutes north of the Aggie Expressway in Grimes County. Here you can take full advantage of beautiful Texas countryside with sweeping scenic views and truly peaceful seclusion. Situated adjacent to the Bernhardt Winery, The Cedars allows you quick access to all the conveniences you need.
**Check out the video link**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017