15120 Paradise View 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 |
|---|---|---|---|
| Apr 19, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Keller Williams Advtge Realty | $800,000 | |
| Listed by Keller Williams Advtge Realty | |||
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FANTASTIC LAKE VIEWS in this luxurious lakeside home. This is a secluded paradise on approximately 1/2-acre. Built by Design Tech; it is a truly unique property. The formal open entry gives a grand view of the lake. Brick and Hardie Board exterior. Enjoy the views and serenity from your extra large covered boat house. Custom cabinets throughout, three bedrooms, two full baths and 1 half bath, high ceilings, stoned wall in family room, ceiling beams, crown molding, along with a two-sided fireplace. There is a partial bath in the detached 3 car garage. Private water well and Aerobic Septic System with lake water irrigation system with 16 watering stations. Outdoor living at its best with two covered patios ready to entertain friends and family. A great place to enjoy fishing with the grandkids in your own backyard. Located in Weirs Creek Cove on Lake Conroe. Paradise Point offers a private community boat ramp.
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| Jun 11, 2021 | Sold | ||
| Sold | |||
| May 2, 2021 | Listed by Keller Williams Advtge Realty | $765,000 | |
| Listed by Keller Williams Advtge Realty | |||
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Luxurious lakeside living in this beautiful, secluded paradise. Built by Design Tech and is a truly unique property. The formal open entry gives a grand view of the lake. Brick and Hardy panel exterior. You won't regret waking up each morning to enjoy your morning java or beverage of choice from your extra large covered boat house. Custom cabinets throughout, three bedrooms, two full baths and 1 half bath, high ceilings, stoned wall, ceiling beams, crown molding, along with a two sided fireplace. There is a half bath in the detached 3 car garage. Private water well and Aerobic Septic System with lake water irrigation system with 16 watering stations. Outdoor living is over the top with two covered patios ready to entertain friends and family. A great place to enjoy fishing with the grandkids in your own backyard. Located in Weirs Creek Cove on Lake Conroe. Paradise Point offers a private community boat ramp.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017