12 Presidio Road
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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%.
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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.
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 |
|---|---|---|---|
| Jun 1, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed by JLA Realty | $359,000 | |
| Listed by JLA Realty | |||
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Welcome home to your very own Margaritaville paradise right on the 7th fairway of the golf course! This move-in ready 3 bed 2.5 bath home is full of updates that you won’t want to miss featuring new flooring, appliances, interior and exterior lighting, paint, primary bathroom full remodel, shutters/blinds, ceiling fans and more! Enjoy your cup of coffee from 1 of 2 covered patios that can be accessed from the kitchen or the upstairs balcony. Located inside the neighborhood is Jimmy Buffett’s Margaritaville that is sure to provide a ton of fun & relaxation! Stay active by playing golf, tennis, pickleball, & mini-golf, then cool off in the resort-style pool, lazy river, & private beach right on Lake Conroe. Partake in activities such as live music, family movie night, games, & watch parties. You will always have a good meal & cold drink ready to be enjoyed at the lakeside restaurant as well as various cafes. Schedule your showing and come see why 12 Presidio could be your next home!
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| Aug 12, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by Century 21 Realty Partners | $251,000 | |
| Listed by Century 21 Realty Partners | |||
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At 12 Presidio it's always 5 o'clock and you'll be on constant island time! Located steps away from the new Jimmy Buffet Margaritaville and Resort, you can literally call home a vacation! Amenities in your backyard include a well-appointed waterpark, golf, boat rentals, a calendar of events, live music, pools, lakeside dining, and so much more! This prestigious property sits on the 7th fairway while overlooking the golf course pond and surrounded by Lake Conroe! As if the location wasn't enough- it's been completely renovated! New flooring, new fixtures, new paint, and a luxurious spa-like master bathroom all await you. This 3 bed 2.5 bath gives you the best of everything! The world-famous resort just a stone's throw from the house or a quick golf cart ride away make it so convenient and FUN! You do not want to miss your opportunity! So come on Parrotheads! Come find your lost shaker of salt at 12 Presidio and make this your perfect little lakeside getaway!
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About Del Lago
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017