13318 Enchanted Way 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%.
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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.
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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by The McKellar Group | $475,000 | |
| Listed by The McKellar Group | |||
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Charming Craftsman style home in Walden on Lake Conroe! This stunning 4 bedroom, 2 bath home also features exquisite molding, high ceilings, beautiful windows and a large screened in back porch. The kitchen offers an abundance of counter space and a hidden coffee bar w/microwave! Custom details throughout the home include designer paint colors, patterned tile flooring, and unique trim around the doors and windows. Huge walk-in attic space for plenty of storage. Second floor bedroom has an extra a/c for comfort and is large enough to be a game room or craft room. Hidden lighting at the base of the bathroom cabinets turns on when motion is sensed; perfect for night time! Large screened-in porch with two fans! Outlets on the eaves of 4 corners of the home for Christmas lights (included). Walden amenities include pools, fitness center, tennis and pickleball courts, walking paths, playgrounds, dog park, marina and two boat launches to Lake Conroe. Montgomery schools.
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About Walden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017