11231 Quiet Lake Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Relisted | $615,000 | |
| Relisted | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | $615,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | |||
| |||
|
Meticulously maintained home on over an acre in the prestigious gated community of Shadow Lake Forest. This home features 4 bedrooms, 3.5 bathrooms, a home office/study, upstairs game room, and a 3 car garage. The amazing chefs kitchen boasts a large island, walk-in pantry, under cabinet lighting, and gas cooktop. The Primary bedroom is on the first floor and features an en-suite bathroom with double sinks, walk-in shower, soaker tub, and large closet. Upstairs you will find a game room, 3 bedrooms, and 2 full bathrooms. Exterior offers shade trees, full yard sprinkler system, and an oversized driveway. On a cul-de-sac street with no backyard neighbors! Boat launch to Lake Conroe nearby. Just 30 minutes to ExxonMobil Campus and 20 minutes to The Woodlands.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Conroe
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 4 Beds
- 3 Baths
- 4,794 ft²
$1,950 /mo
- 3 Beds
- 2 Baths
- 1,467 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017