18559 Michaels Run
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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 |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by RE/MAX The Woodlands & Spring | $1,165,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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SPECTACULAR NEW CONSTRUCTION IN THE SOUGHT-AFTER GATED GOLF COURSE COMMUNITY OF GRAND LAKE ESTATES (GLE). THIS AMAZING 1.5 STORY HOME FEATURES 4 BEDROOMS, 5 FULL BATHS, HOME OFFICE, GAME ROOM, LARGE WALK-IN SHOWERS, BEAMED CEILINGS, QUARTZ COUNTERTOPS, A GENEROUS KITCHEN ISLAND, CUSTOM MILL WORK, AN OUTDOOR KITCHEN, 3 CAR GARAGE, SPRINKELR SYSTEM AND SO MUCH MORE. ENJOY THE FEEL OF LIVING IN THE COUNTRY BUT WITH ALL THE CONVENIENCES OF THE CITY. GLE IS JUST MINUTES TO THE WOODLANDS, MAGNOLIA, CONROE, TOMBALL AND SPRING. EASY ACCESS TO FM 2854, FM 1488, FM 2978, I-45 AND THE NEW AGGIE EXPRESSWAY. CALL AND SCHEDULE YOUR TOUR TODAY.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 62941559
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017