18 Shields Lane
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%.
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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 |
|---|---|---|---|
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2023 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $1,700,000 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
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Spectacular custom built home in the prestigious Bentwater community on 1.07 acres with access to 3 golf courses. All living areas and bedrooms are downstairs with an exercise or game room up. The open living concept allows for classic entertaining with a spacious kitchen, bar area, and adjoining TV room. The primary bedroom has gorgeous views of the pool and beautiful backyard along with a large bathroom, and a custom built closet. The secondary bedrooms are very spacious with their own bathrooms. The outside living areas include an outdoor kitchen with remote screens, gas fireplace, gas firepit facing the salt water swimming pool on an acre of grounds for total privacy. The extra deep 3 car garage has epoxy floors, built-in cabinets & work area plus space for the golf cart. The beautiful well-appointed kitchen, & outdoor entertainment features make it an attractive option for those seeking a high-end lifestyle in this exclusive community. The Grand Pines membership is available.
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017