1054 Lake View 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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by Top Guns Realty on Lake Conroe | $824,888 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Rare gem on Lake Conroe boasting captivating open water views! Recently renovated, this abode offers stunning panoramas from nearly every room. The spacious living area features a magnificent fireplace and exquisite wine bar. Brand-new boat house with additional deck for entertaining and gathering at the water. Step onto the expansive covered patio and immerse yourself in the serene waterfront ambiance. Perfect for al fresco dining or simply unwinding while soaking in the breathtaking views. An inviting retreat that seamlessly blends indoor comfort with outdoor splendor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017