15478 Carmel Drive
About This Property
Warm and rich hickory wood floors, high ceilings, and concrete wood burning fireplace. The gourmet kitchen has a functional island, granite countertops, SS appliances & walk in pantry. Generous primary bedroom with ensuite bath providing a spa like feel with double sinks, step-in rainfall shower, jetted soaking tub, and spacious walk-in closet.
Large back yard with covered patio for outdoor enjoyment or relax on the front porch and sip coffee in the morning. Plenty of room for a pool!
This Lake Conroe waterfront community offers pool, clubhouse, tennis courts, pickleball court, basketball court, boat launch, and lakefront green spaces throughout for residents to enjoy. Corinthian Point is a hidden gem on the north side of Lake Conroe.
Minutes from The Woodlands and world class dining and medical facilities.
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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 |
|---|---|---|---|
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | Listed by eXp Realty, LLC | $415,000 | |
| Listed by eXp Realty, LLC | |||
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One story home featuring 3 bedrooms with flex room, 2 1/2 baths & open concept living area with an abundance of natural light!
Warm and rich hickory wood floors, high ceilings, and concrete wood burning fireplace. The gourmet kitchen has a functional island, granite countertops, SS appliances & walk in pantry. Generous primary bedroom with ensuite bath providing a spa like feel with double sinks, step-in rainfall shower, jetted soaking tub, and spacious walk-in closet.
Large back yard with covered patio for outdoor enjoyment or relax on the front porch and sip coffee in the morning. Plenty of room for a pool!
This Lake Conroe waterfront community offers pool, clubhouse, tennis courts, pickleball court, basketball court, boat launch, and lakefront green spaces throughout for residents to enjoy. Corinthian Point is a hidden gem on the north side of Lake Conroe.
Minutes from The Woodlands and world class dining and medical facilities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017