11449 Outpost Cove 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.
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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 |
|---|---|---|---|
| Nov 10, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Realty ONE Group, Experience | $829,000 | |
| Listed by Realty ONE Group, Experience | |||
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Matterport and Video Tour attached in links. **GATED WATERFRONT ESTATE COMMUNITY ON LAKE CONROE** Private boat slip (with lift) is located 1100 feet from the home's front door. RARE FIND - single story, 3600+ square foot home sits on almost 2 acres and includes a private pool and metal building/shop. Recent updates/upgrades include addition of the outdoor kitchen, new luxury vinyl flooring, interior paint throughout the home, updated primary and secondary bathrooms, new carpeting, new fans and more. Home has 3 AC units - 2 of which were replaced within the past 2 years and the roof was replaced 3 years ago. LED lighting has been installed in the 26'x50 detached shop and throughout the entire home making the monthly electric bill significantly less costly. Walk-in closets in each bedroom. Whole-house Generac Generator installed. Removable safety fence is included (not pictured).
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| Sep 28, 2020 | Sold | ||
| Sold | |||
| Aug 27, 2020 | Listed by Area Pro Group North Lake | $610,000 | |
| Listed by Area Pro Group North Lake | |||
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Beautiful home on 1.75 acres in the gated and private subdivision. 2 NEW AC SYSTEMS 07/29/20 ($28K) This home boast 3 nice sized bedrooms, both formals and study as well as large open family room with a game room off of the main living area. Recently renovated heated pool & spa w/water wall & removable safety fence. Large covered back porch & outdoor sitting area with fire pit as well as an onsite 26 x 50 metal building with roll up doors at front and rear. The home also includes a permanently covered boat slip. All dimensions should be verified.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017