12940 N Puffin Lane
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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2023 | Listed by RE/MAX Universal | $525,000 | |
| Listed by RE/MAX Universal | |||
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LAKE CONROE WATERFRONT in the Gated community of Pelican Bay, bright sunny mornings and relaxing afternoon shade. Boat dock with treated lumber decking and lift, Jet ski lift, covered back deck, recently replaced wooden/timber bulkhead, and a whole house generator. Enjoy the open water with boating excursions and the expansive views of the lake. This home is a rare one-story with three bedrooms and two full baths. Popular open floor plan with kitchen breakfast bar overlooking the living area. This home is the one you've been waiting to find well maintained and move-in-ready. You're in the popular Willis School District and only perhaps 5 minutes from I-45 for quick access to Willis, Conroe, and even the shopping, dining, and world-class amenities of The Woodlands. Plenty of room for full-time living or easy maintenance as a weekend getaway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017