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11625 Grandview Drive
About This Property
Fully upgraded 4,667 square foot beauty in gated and secure Grand Harbor community. Six bedrooms, 2 ensuites on first floor and 4 additional bedrooms up. Second family room upstairs. 2023 Upgrades include: all flooring on first floor, kitchen cabinets, countertops and appliances, laundry room cabinets, countertop and machines, master bed and bath, garage epoxy flooring, wood lake wall replaced with stone, trex decking and lighting, new grill and countertop for outdoor grilling.
Open concept living all facing the expansive pool, hot tub and grilling area, leading down to the canal for boat and jet ski access to Lake Conroe. Oversized 3 car garage includes a work bench and cabinets. Water softener and sprinkler systems in place. 2 AC zones to maximize heating and cooling comfort.
Nighttime sit in the hot tub and soak up the stars!!
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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 |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$1,399,000
↓ $16K
(1.1%) | |
| Price Decreased | |||
| Oct 13, 2026 | Price Decreased |
$1,415,000
↓ $10K
(0.7%) | |
| Price Decreased | |||
| Oct 7, 2026 | Price Decreased |
$1,425,000
↓ $25K
(1.7%) | |
| Price Decreased | |||
| Sep 27, 2026 | Price Decreased |
$1,449,900
↓ $25K
(1.7%) | |
| Price Decreased | |||
| Sep 15, 2026 | Listed by Beycome Brokerage Realty, LLC | $1,475,000 | |
| Listed by Beycome Brokerage Realty, LLC | |||
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