18718 Grand Harbor Point
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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 |
|---|---|---|---|
| Jun 9, 2022 | Sold | ||
| Sold | |||
| Apr 24, 2022 | Listed by JLA Realty | $1,475,000 | |
| Listed by JLA Realty | |||
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LUXURY WATERFRONT HOME ON LAKE CONROE. HOME SITS AT END OF COVE ON THE OPEN WATER. ENJOY THE SUNSET FROM YOUR OWN DOCK OR POOL, TAKE A BOAT RIDE TO MANY LOCAL RESTAURANTS AND PARK YOUR BOAT IN ONE OF THE TWO SLIPS W/LIFTS. THIS HOME HAS TOO MANY UPGRADES TO LIST INCLUDING GENERATOR AND WATER SOFTNER AND 2 LAUNDRY ROOMS. ENTERTAIN GUEST IN YOUR OUTDOOR KITCHEN WITH REMOTE SCREENS AND MOSQUITO MISTER AND FIREPLACE. ALL APPLIANCES INCLUDED, KITCHEN HAS BEAUTIFUL SOLID WOOD CABINETS AND UNDERCABINET LIGHTING, REFRIGERATOR AND SEPARATE FREEZER AND ICEMMAKER. DOWNSTAIRS HAS MOTHER N LAW SUITE, MEDIA ROOM AND STUDY. UPSTAIRS HAS SEPARATE GAMEROOM, MASTER AND 2 MORE BEDROOMS, VIEWS OF LAKE AND YOUR OWN PRIVATE BALCONY IN MASTER WITH FIREPLACE AND OVEERSIZED EXTENDED SHOWER WTIH 6 SHOWER HEADS, HIS AND HER CLOSETS.
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About Grand Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017