5
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162 Snug Harbor Drive
About This Property
Montgomery, TX! The lot dimensions are approximately 40' x 100' and would be perfect
for a patio style home! The property has all public utilities available, is located within
the April Sound Homeowners Association, as well as the April Sound County Club and is
subject to all assessments and fees. Do not miss this opportunity to enjoy all the benefits
of lake-living and Country Club amenities just 20 minutes off I-45 and an hour from
downtown Houston!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Mar 1, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Listed by RE/MAX Integrity | $10,000 | |
| Listed by RE/MAX Integrity | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017