11562 Renaissance 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 |
|---|---|---|---|
| May 23, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Keller Williams Woodlands | $1,199,000 | |
| Listed by Keller Williams Woodlands | |||
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MAKE WAY FOR SOME ISLAND LIVING -- WATERFRONT home located on the Island at Grand Harbor and ZONED for the HIGHLY SOUGHT AFTER Montgomery ISD schools. 2020 Mediterranean style CUSTOM home -- 5 beds, 4.5 bath on just over 1/2 ACRE lot w/ 3-CAR GARAGE, backyard POOL/SPA, and private boat slip. Stunning ISLAND kitchen w/ SLEEK QUARTZ counters, black s/s appliances, pendant lighting, & custom cabinetry. Extensive tile work and mill work throughout, plantation shutters, sliding doors in family room overlooking water/pool area, and a formal dining or lounge area with built-in bar area for entertaining your guests year round. Private primary retreat w/ backyard pool access, oversized shower, soaking tub, & dual vanities. Downstairs guest suite, UPSTAIRS GAME ROOM, & spacious guest rooms. THIS OUTDOOR SPACE IS A MUST SEE -- covered patio w/ outdoor kitchen, 24x15 pergola, & easy access to your private boat slip! Just a boat ride away to MARGARITAVILLE!!!
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017