15108 Starboard 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%.
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Listed by Compass RE Texas, LLC - Memorial | $159,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Just a block from Lake Conroe, this charming two-bedroom cottage is a dream retreat for fishing enthusiasts, boaters, and weekend adventurers. With access to a private boat ramp, you can be on the water in minutes—whether you're casting a line at sunrise or cruising into the sunset. The cozy and adorable interior offers a welcoming space to relax after a day outdoors, while the peaceful setting makes it ideal for a quiet escape. With short-term rentals allowed, this is a fantastic Airbnb opportunity for those looking to invest in a sought-after lake destination. Best of all - never flooded, per seller.
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| Jan 3, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2023 | Listed by JLA Realty | $89,000 | |
| Listed by JLA Realty | |||
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Great investment property!! This property is located in the lake Conroe community of Conroe Bay with an abundance of exciting amenities on the lake. Nestled on a corner lot within walking distance to the lake. What a great weekend retreat by the serene lake. Not to mention I-45 freeway putting you close to shopping and restaurants. Come check out this 2 bedroom, 1 bath with a 2-car garage on a corner lot in the lake community of Conroe Bay.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017