12965 Point Drive
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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 20, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | No longer available | - | |
| No longer available | |||
| Jul 28, 2024 | Listed by eXp Realty, LLC | $484,900 | |
| Listed by eXp Realty, LLC | |||
| May 22, 2024 | Listed by eXp Realty, LLC | $499,900 | |
| Listed by eXp Realty, LLC | |||
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WOW! Now is your chance to get a gorgeously and fully renovated Lake Conore home. Sitting lake front is a 3 spacious bedroom, 2 bathroom home that is sure to impress and perfect for full time living or a part time get away retreat. Upon entering the home you will notice tall ceilings with a modern and open floor plan, fresh neutral paint, wood-look tile flooring throughout (no carpet), a chefs kitchen perfect for entertaining with ample storage, wrap around quartz counters and stainless steel appliances all open to the living room, custom chair-railing and crown moulding, a cozy fireplace with stone accent to the ceiling and so much more! The owners retreat features French doors to the back patio and an attached ensuite tranquil with its oversized walk-in shower. Sitting on a large lake front lot you have immediate access to Lake Conroe with its private two slip boat dock with jet ski storage (electronic lifts). This home has over 130k in upgrades done and is a must see! Call us today
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017