18567 Michaels Run
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%.
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 |
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| Feb 29, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | In contract | - | |
| In contract | |||
| Jan 11, 2024 | Listed by Top Guns Realty on Lake Conroe | $1,198,888 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Discover comfort and style in this inviting home with rustic wood beams, vaulted ceilings, and modern vinyl plank flooring in the living room. As your gaze travels, a stone fireplace commands attention, becoming the heart of the room both figuratively and literally. The kitchen features a spacious island, modern appliances, & a sleek design that caters to culinary enthusiasts, including a state-of-the-art refrigerator. The primary suite seamlessly connects to both the bath, closet, & laundry room, adding convenience to your daily routine. Custom-built drawers & shelving in the primary closet elevating the functionality and aesthetics. Step outside to an enormous stone patio with a wood-planked ceiling, and out to the expansive backyard that looks out to the lush greens of the golf course. An outdoor kitchen, complete with a grill, refrigerator, sink, & spacious countertop invites culinary delights. A private driveway gate ensures not only privacy but a sense of arrival in style.
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| Dec 15, 2022 | Sold | ||
| Sold | |||
| Dec 2, 2022 | Listed by RE/MAX The Woodlands & Spring | $225,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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RARE OPPERTUNITY on the GOLF COURSE! Beautiful 1 acre, fenced, golf course lot nestled on cul-de-sac in the highly desired Grand Lake Estates! Located in the back of the neighborhood among new construction. Build your dream home in this amazing, gated community perfect for families and enjoy your privacy with NO BACK NEIGHBORS. This neighborhood features a gorgeous, semi-private golf course, no MUD taxes, excellent Montgomery ISD schools, mature trees, and offers easy access to lake, parks, fine dining and shopping. LOW TAX RATE! Price reflects golf course lot, serious buyers only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017