12371 Tramonto Drive
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed | $1,350,000 | |
| Listed | |||
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Enjoy Lake Conroe in style in this contemporary 3 bedroom, 4.5 bath home! The resort-style back yard offers a sparkling chlorine pool & spa, covered patio, decking space for sunbathing and lounging, gas fire pit, outdoor kitchen, boat lift, jet ski lifts and cabana bath w/shower and full size washer & dryer! Boat dock recently upgraded with low maintenance Titan marine decking. Modern finishes, huge center island in kitchen and 6 burner Wolf cook top. Hunter Douglas remote blinds and custom wood shutters, spacious closets and ensuite baths for each bedroom, extra storage in garage and t/o home. Full-home generator, water softener, and sprinkler system. Private, gated entry is just minutes away from I-45, restaurants and shopping.
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| Apr 4, 2024 | No longer available | - | |
| No longer available | |||
| Mar 12, 2024 | Relisted | $1,399,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017