12450 Longmire Lakeview
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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.
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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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2023 | Listed by Green & Associates Real Estate | $549,500 | |
| Listed by Green & Associates Real Estate | |||
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Located in a gated waterfront community on Lake Conroe, welcome to this clean and well-kept 3-bedroom 2.5 bath home with a pool, a 3-car garage with a circle driveway in front of the house and the driveway is gated when pulling to the back of the house where the garage is located. Downstairs you will find the master bedroom with large walk-in closet, double sinks, large tub and walk in shower. Living room with wood flooring and fireplace, dining room, kitchen that has island with gas cooktop and lots of cabinets and counter space, breakfast area, laundry room and half bath finish up the downstairs. Upstairs you have two bedrooms with a shared bath, one bedroom has an outdoor covered patio outside of the room. The back yard is ready to be enjoyed with a beautiful pool with hot tub and an outdoor fireplace ready for those cool evenings. House is also equipped with a whole home generator. Looking for a house close to the lake, here it is!!
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About Longmire on Lake Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017