993 Briac Lane
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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 |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Dec 24, 2023 | In contract | - | |
| In contract | |||
| Nov 9, 2023 | Listed by Martha Turner Sotheby's International Realty - The | $749,900 | |
| Listed by Martha Turner Sotheby's International Realty - The | |||
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Nestled in the rolling hills of Conroe, Texas is the serene community of Stewart’s Forest. This captivating enclave has easy access to I-45 and is only minutes away from Lake Conroe, Sam Houston National Forest as well as The Woodlands - fine dining and shopping at Market Street, Hughes Landing and The Woodlands Mall. Built by Sitterle Homes, a company known for its timeless design and unrivaled quality since 1964, this spectacular new construction residence was designed as an open concept, sprawling single-story home featuring 12ft ceilings and high-end features throughout. At every turn of this exquisite home, you will notice unparalleled attention to detail and quality. From the formal dining area to the game room, to the 15'x16' covered rear patio there is a space designed for everyone to enjoy. Built-in home intelligence system with smart thermostat, lighting control, and smart lock. Beyond its beauty, rest assured Sitterle Homes crafted a quality product from the inside out.
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About Stewarts Forest
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Phone: 425-283-2930
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