119 Lake Estates 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 |
|---|---|---|---|
| Sep 27, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by Keller Williams Advtge Realty | $1,250,000 | |
| Listed by Keller Williams Advtge Realty | |||
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Exceptional ONE STORY waterfront home in the prestigious gated community of THE ESTATES OF WALDEN is perfectly situated on almost 3/4 of an acre. Beautiful property boasts approx 128 ft of bulkheaded shoreline, boat slip w/lift, many gorgeous mature trees & amazing views of Lake Conroe. This one owner home was thoughtfully designed & promises a beautiful & comfortable living space in a tranquil lakeside setting. With approx. 3247 sq ft, this timeless open floor plan features butted glass windows, 3 nice size bedrms, a huge home office w/built-ins, FD, breakfast rm, open kitchen, 3 full bathrms, a 3 car garage & a circle drive. Spacious primary suite features an executive bath w/dual vanities, dual walk-in closets w/built-ins, jacuzzi tub & sep shower. With a little bit of updating you can make this home your showplace! Both A/C's are new-main installed 6-23 & 2nd one 7-28-23 new hot water heater 7-23, brand new mailbox & new garage doors installed 8-30.
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About Walden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017