12150 Pearl Bay Lane
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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.
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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed by Top Guns Realty on Lake Conroe | $365,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Stunning 4-Bedroom, 2-Bath Home on a Coveted Corner Lot. Discover a home that blends elegance, comfort, and functionality. The open-concept kitchen features stainless steel appliances, a walk-in pantry, and granite countertops, flowing seamlessly into the family room for easy entertaining. The luxurious primary suite boasts a spa-like bathroom with a soaker tub, separate shower, and dual sinks. Three additional bedrooms offer ample space for family or a home office. Relax on the expansive back porch with lake views, just 10 homes down from the private boat ramp and dock. Upgrades include hot tub wiring, extended back slab, spaces for trash cans and a shed, upgraded front door, landscaped yard, and added attic flooring for extra storage. This vibrant community offers resort-style living with amenities like a clubhouse, two pools with lake views, a dog park, fishing ponds, nature trails, and private lake access. Perfect for those seeking tranquility.
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| Jun 6, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Cross Capital Realty | $325,000 | |
| Listed by Cross Capital Realty | |||
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Stunning home on a corner lot with lake views!! You'll notice the pride in ownership as soon as your step foot into this well maintained home. The gorgeous open concept kitchen contains stainless steel appliances, walk-in pantry, and beautiful large granite countertops. The kitchen is open to the family room making it perfect for entertaining. You won’t be disappointed with the luxurious primary bedroom and bathroom containing a soaker tub, separate shower and dual sinks. Relax on the huge back porch and take in the beautiful lake views. This property is just 10 homes down from the boat ramp/dock. Many improvements have been made including (but not limited to): wired for generator and hot tub, water filtration system, fully landscaped, extended back slab, slab for trash can area, slab for shed, upgraded front door, flooring in attic. This community offers a private dock and boat ramp access, clubhouse, 2 pools with lake views, dog park, park, fishing ponds & nature trails.
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About Conroe
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Last Updated: 6 months ago
Data Source: HAR , MLS# 38617942
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017