15152 Paradise View 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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Aug 31, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | $1,295,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | |||
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Paradise welcomes you to this completely renovated 1-story waterfront home on almost an acre of land & 260 ft panoramic views of shoreline! OPEN floorplan w/generous room sizes designed w/handicap accessibility in mind. Incredible lake views from almost every room! Luxury Vinyl Plank flooring throughout main living areas. Living Room w/vaulted beamed ceiling, statement wood-burning fireplace & rich wood accents create a rustic ambiance. Chef's kitchen w/Quartzite countertops, updated KitchenAid appliances & 5-burner gas stove. Primary suite is a calm sanctuary w/spa-like bath featuring dual vanities, jetted tub & frameless shower. Massive Game Room. Enjoy glorious sunsets & breathtaking lake views on the extended back deck. Fabulous back yard for entertaining of any kind! NEW oversized boat house, boat lift, dredging, & replacement of 2/3 of bulkhead. 2 Boat docks, Sauna, 2 HVAC's (1 new) 2 updated H2O Heaters, 3-car garage w/workshop & full bath. 24 KW whole house GENERATOR!
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| Mar 8, 2021 | Sold | ||
| Sold | |||
| Nov 2, 2020 | Listed by Top Guns Realty on Lake Conroe | $787,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Welcome to Paradise and Relaxation! This is the perfect place to escape, enjoy your family and entertain your friends on almost 1 acre of land situated on a beautifully wooded, landscaped, waterfront lot. When you call this home, you will never have to miss out on the fun or the magical water views from the living room, formal dining, kitchen and breakfast area with all rooms being open to each other. Wake up to the morning sunrise in one of the two water view suites, the master and a second bedroom w/ private bath featuring their own private, glass doors to the deck and the open water. Looking for a game room to have indoor fun? This 26x18 game room features a wet bar w/shelves, cabinets, built in entertainment center and still has room for a pool table and more. No worries about running in and out of the house after swimming in the lake! Your 3 car garage has a full bath and a workshop in it. Please view photos to see all the amazing features this home has to offer you. Call Today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017