11600 Renaissance Drive
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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 28, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Living Vogue Real Estate | $185,000 | |
| Listed by Living Vogue Real Estate | |||
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Look at this half-acre waterfront lot in the gated community of The Island at Grand Harbor!! The Island at Grand Harbor is an exceptional area within Grand Harbor that boasts beautiful Mediterranean-style homes. Residents on The Island have access to the amenities within Grand Harbor, such as the boat ramp, pavilion, volleyball and tennis courts, baseball fields, and manned gated entrance. Build your dream home and enjoy the lake lifestyle—just minutes to Margaritaville, Historic Montgomery, Conroe Regional, and The Woodlands. It is time to build your dream home on the water!
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| Mar 26, 2021 | Sold | ||
| Sold | |||
| Jan 28, 2021 | Listed by Area Pro Group North Lake | $85,000 | |
| Listed by Area Pro Group North Lake | |||
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Build your new home on the prestigious Island at Grand Harbor. This flat waterfront canal lot sits well above lake level in a perfect location. Just minutes away from the Margaritaville on Lake Conroe, this lot has easy access to open water all the amenities lake life offers. Grand Harbor offers half acre waterfront lots with a manned gate, covered pavilion, baseball field, tennis courts, and a subdivision boat ramp. Subdivision rules require a minimum of 2800 squared feet home for single to a story and a half with a 3000 square foot minimum for two plus stories. All homes on the Island must have clay tile or concrete tile roofs.
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Property Highlights
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About Montgomery
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Last Updated: 4 months ago
Data Source: HAR , MLS# 23656537
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