11416 Grand Pine Drive
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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%.
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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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by The McKellar Group | $1,100,000 | |
| Listed by The McKellar Group | |||
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Located in the gated community of Grand Harbor in Montgomery, this Lake Conroe waterfront home has been impeccably maintained! Floor to ceiling windows in the two story living space fill the room with natural light. The newly remodeled kitchen has a huge island, farm house sink, tons of cabinet and counter space, and easy access drawers. Laundry room offers a sink, folding counter and space for two refrigerators! The primary bedroom overlooks the pool and has access to the back porch. The en-suite bath has two closets, two sinks, a walk-in shower and soaking tub. Upstairs you will find three additional bedrooms w/walk in closets, 2 full baths, a cozy media room and balcony overlooking the fenced backyard. Updated kitchen and primary bath, 2020. Recent pebble tech finish in pool, PEX plumbing, water softener, new roof in 2021! Lawn sprinkler fed by Lake Conroe. The garage includes RV parking PLUS room for 3 cars. Covered boat slip w/ lift and dock. Montgomery schools and LOW taxes!
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Property Highlights
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About Grand Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017