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11506 Walden Road
About This Property
Upstairs, there's a large flex/game room for relaxing, playing, or entertaining, plus two comfortable bedrooms and a full hall bath. You'll love the quiet setting and the close proximity to all of Walden's amenities-golf, marina, 2 boat ramps, fitness center, tennis, dog park, playgrnd & lakeside dining are all just minutes away. This is the perfect place to enjoy the Lake Conroe lifestyle in a home that truly has it all. MISD
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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 22, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Relisted | $385,000 | |
| Relisted | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Listed by Berkshire Hathaway HomeServices Premier Properties | $385,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017