12149 Pearl Bay Ln
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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 7, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Top Guns Realty on Lake Conroe | $330,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Welcome to your dream home in the sought-after Water Crest neighborhood of Conroe, Texas. This delightful 3-bedroom, 2-bathroom residence offers 1,632 square feet of comfortable and stylish living space. Nestled in a serene community with a neighborhood boat ramp and just minutes away from the stunning Lake Conroe, this home combines convenience with the tranquility of lakeside living. Schedule a tour today and experience lakeside living at its finest!
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| Dec 23, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | Listed by D.R. Horton Homes | $244,250 | |
| Listed by D.R. Horton Homes | |||
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Wonderful brand NEW DR Horton home in a fantastic location! Water Crest on Lake Conroe is one of Montgomery County's best kept secrets! Lake access, private boat launch, two resort style pools, clubhouse, beautiful grounds, and so much more! This charming home has everything you have been looking for! Spacious and open floor plan with designer details at every corner of the interior! Great island kitchen with granite countertops, stainless steel appliances by Frigidare, recessed lighting, and so much more! Wonderful master suite with spa like bath! Hurry and call today! You do not want to miss this opportunity!
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About Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017