16766 Lake Circle
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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 |
|---|---|---|---|
| Apr 22, 2025 | Relisted | $228,850 | |
| Relisted | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed by Lake Homes Realty, LLC | $228,850 | |
| Listed by Lake Homes Realty, LLC | |||
| | |||
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HAVE THE BEST OF BOTH WORLDS! A "cute-as-a-button" country home in a country setting, but close to the amenities that city life offers. You'll love this home on over a 1/4 acre, with a community pond behind you instead of a neighbors home! It offers privacy, peace, quiet, and extra space. The home is not the cookie cutter home that so many new homes are these days. This home offers a change of pace, and character that new production homes don't have. You'll LOVE the large front porch to enjoy a conversation with family and friends. Inside you have 2 spaces to use as living and/or dining and FOUR bedrooms. NEW ROOF, NEW FLOORING, NEW beams and leveled foundation, NEW GRANITE COUNTERS, a LARGE SHED or workshop, and more make this a great opportunity at this price. The location is great as you are close to IAH, The Woodlands, Conroe, LAKE CONROE, Montgomery, Magnolia, Houston and more. It's an easy commute to everything you need, but you are away from it all at the same time. Come get it!
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| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
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About Allendale
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,650 /mo
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$3,600 /mo
- 4 Beds
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Last Updated: 4 months ago
Data Source: HAR , MLS# 3854947
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017