18720 Palm Beach Boulevard
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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 |
|---|---|---|---|
| Jul 31, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by Texas Home Group, REALTORS | $1,585,000 | |
| Listed by Texas Home Group, REALTORS | |||
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Location! Amazing/Rare large waterfront estate on desired south end of Lake Conroe minutes from shopping & fine dining! Located on a quiet Cul de Sac street in the gated, exclusive community Palm Beach Estates! Fully fenced & gated, this fabulous 6 bedroom home boasts 6 full baths, 2 masters, 2 balconies, Formal dining w/fireplace and lakeviews, Gourmet Kitchen w/2 islands, Professional Thermador Appliances, Pelletized Ice maker, Wine Grotto, Study, Formal living, Family room, Huge game rm, gorgeous resort style outdoor entertaining area w/pool, spa, extensive patios & landscaping, Mosquito repellent sys, boat lift, 3 jet ski lifts, 130' bulkhead. 2 water wells, lawn irrigation, Circle drive, 4 car oversized garage with climate controlled workshop! Storage galore makes this perfect for full-time lake living! Security system with camera, Ring doorbell! Sound system! Gigabit Fiber Internet! Highly Sought After Montgomery ISD! Private gated entrance! 2 acre waterfront paradise! Wow!
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| May 17, 2019 | Sold | ||
| Sold | |||
| May 25, 2018 | Listed by Keller Williams Realty | $1,585,000 | |
| Listed by Keller Williams Realty | |||
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About Palm Beach Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017