14493 Enchanted Waters 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 15, 2022 | Sold | ||
| Sold | |||
| Jul 29, 2022 | Listed by RE/MAX Integrity | $80,000 | |
| Listed by RE/MAX Integrity | |||
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Investor Special! Absolutely beautiful lot with gorgeous, mature trees located in the Enchanted Waters community near Lake Conroe! If you are looking for the opportunity to live or invest in a manufactured home community near the Lake Conroe area, just outside of town, this may be for you. The entrance to the property provides a very private feeling from the lush wall of foliage along the front fence. A large, asphalt covered double driveway leads to the house. There is plenty of space for additional parking. A storage shed on a concrete slab is present on the property. There are several paved areas in the backyard, perfect for patio furniture or an outdoor living arrangement. A single-wide manufactured home on property is a 3-bedroom, 2-bathroom fixer upper. Tall magnolia, pear, and oak trees offer shade throughout the lot. Priced to sell! Sold AS-IS. All inquiries - CALL MARJORIE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017