13103 Point 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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 7, 2024 | No longer available | - | |
| No longer available | |||
| Jul 6, 2024 | Listed by Compass RE Texas, LLC - Memorial | $839,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Welcome to your exclusive lakeside retreat, nestled on a spacious double lot along Lake Conroe. Whether for investment, residence, or both, this prime location offers the best of both worlds: breathtaking open-water views combined with the tranquility of minimal boat traffic at the edge of a secluded canal. The sellers have appreciated the deep-water access, with effortless boating throughout the year and the neighborhood features a private boat ramp for easy launching. This pristine one-story home features 36-inch doorways for accessibility. The abundant upgrades are evident throughout, including a well-equipped chef's kitchen with both a range and a griddle, soaring ceilings, exquisite finishes, a cozy fireplace, a spacious laundry room and half bath located in the garage. The additional covered porches provide an ideal setting for entertaining and enjoying the serene water views. With a strong history of short-term rental, this home is perfect for investors or personal enjoyment.
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| Apr 25, 2024 | Listed by Compass RE Texas, LLC - Memorial | $850,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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|
Welcome to your exclusive lakeside retreat, nestled on a spacious double lot along Lake Conroe. Whether for investment, residence, or both, this prime location offers the best of both worlds: breathtaking open-water views combined with the tranquility of minimal boat traffic at the edge of a secluded canal. The sellers have appreciated the deep-water access, with effortless boating throughout the year and the neighborhood features a private boat ramp for easy launching. This pristine one-story home features 36-inch doorways for accessibility. The abundant upgrades are evident throughout, including a well-equipped chef's kitchen with both a range and a griddle, soaring ceilings, exquisite finishes, a cozy fireplace, a spacious laundry room and half bath located in the garage. The additional covered porches provide an ideal setting for entertaining and enjoying the serene water views. With a strong history of short-term rental, this home is perfect for investors or personal enjoyment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017