12113 Pearl Bay Lane
About This Property
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Dec 30, 2024 | Listed by Connect Realty.com | $375,000 | |
| Listed by Connect Realty.com | |||
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This remarkable 4-bedroom, 2.5-bathroom home offers 2,594 sq. ft. of modern living, blending smart technology with thoughtful design. A flexible office space & expansive loft/game room provide versatility, while the open-concept layout is ideal for gatherings. The smart kitchen features appliances that track inventory, suggest recipes, and stream entertainment, making meal prep a breeze. Integrated smart lighting, climate control, & Bluetooth speakers bring convenience to your daily routine. The primary suite is a private retreat, complemented by a soaking tub & a shower with built-in Bluetooth speakers. A whole-house generator ensures uninterrupted power, adding peace of mind & security. Located near Lake Conroe, this home connects you to vibrant community amenities, including a private boat ramp, pier, and lively events like holiday parades & food truck Fridays by the pool. Nearby schools, shopping, dining, & recreation complete the package, offering modern living in a dynamic area.
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Property Highlights
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About Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017