7
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11697 & 11701 Grand View 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 |
|---|---|---|---|
| Aug 6, 2026 | Listed by The McKellar Group | $345,000 | |
| Listed by The McKellar Group | |||
| Jan 29, 2026 | Listed by The McKellar Group | $345,000 | |
| Listed by The McKellar Group | |||
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Build your dream home on 2.2 ACRES in the gated community of Grand Harbor on Lake Conroe! These two side-by-side lots offer an exceptional opportunity to design and construct a custom estate with ample space, privacy, and flexibility. Nestled in a peaceful setting, Grand Harbor features estate-sized lots, beautifully crafted homes, and a welcoming community atmosphere. Residents enjoy great amenities including tennis, pickleball, and basketball courts, sand volleyball, scenic walking paths, fishing ponds, a baseball field, and a covered pavilion with picnic tables and grills. A private boat ramp provides direct access to Lake Conroe for boating, fishing, and endless waterfront recreation. Located in the highly acclaimed Montgomery school district, this property offers the perfect blend of luxury, lifestyle, and location!
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| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 23, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by City Group Properties | $188,900 | |
| Listed by City Group Properties | |||
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Beautiful hard to find acreage and have the bonus of the water. 1 Plus acres surround by really nice homes. Subdivision offers Tennis, Volleyball, walk trails and even a private boat ramp for residence.
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About Grand Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017