14024 Shoreline 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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $699,000 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
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Stunning Waterfront Retreat on Lake Conroe!Exceptional waterfront property offers a perfect blend of comfort and relaxation, making it an ideal primary residence, vacation home, or lucrative short-term rental.Designed for modern living, the expansive open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting space for gatherings.Retreat to generously sized bedrooms, including a master suite with a spa-like ensuite bathroom.Enjoy alfresco dining on the expansive covered patio, lounge by the pool or jump in the boat right from your back yard (boat house is 14x30 plus two additional uncovered slips).Fully approved for Airbnb/VRBO, offering an excellent investment opportunity with proven rental income potential.Whether you’re looking for a serene retreat or a profitable rental, this home has it all.Don’t miss your chance to own a piece of paradise on Lake Conroe! Contact us today to schedule a private showing and make this waterfront oasis yours.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017