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11848 Seashell Circle
About This Property
4 bds, 3 baths, two living areas on the main floor, formal dining, and upstairs game room- ideal for entertaining or relaxing. The expansive deck offers great exterior views. Easy-care tile and wood-look luxury vinyl flooring t/o. The primary suite offers lake views and two walk-in closets. A second bedroom and full bath on the main level are perfect for guests or multi-generational living. Storage is no issue, with large closets t/o the home. Covered boat slip w/ lift, two jet ski lifts, and great fishing right off your dock. Grand Harbor amenities: sports fields, tennis & basketball courts, sand volleyball, walking trails, a covered pavilion, and community events. Zoned to Montgomery schools with low tax rates, this home offers an exceptional lifestyle on the lake.
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Cap Rate Calculator
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 30, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by The McKellar Group | $785,000 | |
| Listed by The McKellar Group | |||
| Feb 27, 2025 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Jan 3, 2025 | Listed | $825,000 | |
| Listed | |||
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Waterfront home on a 1/2 acre lot in the gated community of Grand Harbor! Nestled on a quiet cove with easy access to the open waters of Lake Conroe, this property offers the perfect blend of privacy and lakeside fun.
4 bds, 3 baths, two living areas on the main floor, formal dining, and upstairs game room- ideal for entertaining or relaxing. The expansive deck offers great exterior views. Easy-care tile and wood-look luxury vinyl flooring t/o. The primary suite offers lake views and two walk-in closets. A second bedroom and full bath on the main level are perfect for guests or multi-generational living. Storage is no issue, with large closets t/o the home. Covered boat slip w/ lift, two jet ski lifts, and great fishing right off your dock. Grand Harbor amenities: sports fields, tennis & basketball courts, sand volleyball, walking trails, a covered pavilion, and community events. Zoned to Montgomery schools with low tax rates, this home offers an exceptional lifestyle on the lake.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017