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1038 Cedar Lake Court
About This Property
Step inside to an open layout featuring a large kitchen with a center island-perfect for cooking and gathering with friends and family. The living areas flow seamlessly. Upstairs is a versatile game room that's ideal for movie nights, a play area, or a home office.
Step outside and enjoy your private backyard oasis with a sparkling pool and hot tub-perfect for summer days or unwinding after a long day.
With plenty of room to spread out, this home is perfect for families or anyone who loves to entertain.
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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 |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by Top Guns Realty on Lake Conroe | $483,849 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017