12281 Pegasus Drive
About This Property
View of Lake Conroe, and located 1 block from boat ramp access.
The Home is Fully Renovated with High-End Finishes and includes an Open Concept Floor Plan, a Large
Covered Porch with Vaulted Cedar Plank Ceiling, and an 8-person Hot Tub is Included.
The Home has a 2-car Attached Garage, and a 31x13' Detached Garage with Heat and AC.
Interior finishes include Fresh Paint, All New Windows, New HVAC and Duct Work in 2023, Multi-zone HVAC, Tankless Water Heater, New Roof in 2024, Gas Fireplace, Ceramic Tile Floors, Granite Countertops, High Ceilings, and a Luxurious Master Bathroom including Marble Shower Walls.
All Kitchen Appliances, Washer, Dryer, Hot Tub, Outdoor Kitchen, and Generac Generator ARE Included.
Gated Community Amenities include Tennis Courts, Marina, and Multiple Pools.
Located Close to Shopping and Restaurants.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Price Decreased |
$458,999
↓ $1
(0%) | |
| Price Decreased | |||
| Jan 16, 2025 | Price Decreased |
$459,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jan 8, 2025 | Price Decreased |
$460,000
↓ $9K
(1.9%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017