11 Villas Ways 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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $935,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
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Experience lakefront living at its finest! Perfectly situated in the prestigious, privately gated community of April Villas, this 3 BED, 2/1 BTH, 2336 SF home is bathed in natural light & thoughtfully designed for both comfort & entertaining. The recently remodeled, kitchen features a Kenmore Elite built-in fridge & JennAir appliances including a 6-burner gas cooktop, warmer oven & microwave. All baths have been recently remodeled. The expansive den is warm & inviting, complete with cozy fireplace & beautiful built-ins. The large primary offers a serene retreat with warm wood floors, spa-like ensuite & walk-in closets. Outdoors, your private waterfront oasis awaits with sparkling pool, deck, bulkhead & covered patio with pergola, outdoor brick oven & an oversized dock with recently added JetSki Lift, perfect for lakeside entertaining. Just a short boat ride to Margaritaville & one of the best JetSki Coves on Lake Conroe. Recently added a full house generator, mosquito mister & alarm!
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| Sep 15, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by Summit, Realtors | $925,000 | |
| Listed by Summit, Realtors | |||
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Come take a look at this beautiful Lake Conroe waterfront home with a steel bulkhead.. Enjoy the open water views from your private backyard oasis,in the small waterfront community of April Villas. Relax in the cocktail pool, enjoy the covered porch, pizza oven, huge dock with jet ski lift, the seller has even been know to land a helicopter on the dock a time or two. You wont want to miss the chefs dream kitchen complete with Jenn Air appliances and tons of work space and storage galore .
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017