18748 Palm Beach Boulevard
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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by Redfin Corporation | $1,500,000 | |
| Listed by Redfin Corporation | |||
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Welcome to this stunning waterfront property on the picturesque Lake Conroe! This spacious home boasts 5 bedrooms and 4.5 bathrooms, providing ample space for everyone. Situated on an expansive 1.5-acre lot, this property offers plenty of room for outdoor activities and extra parking. Step inside to discover a home filled with elegance and functionality. The kitchen features beautiful granite countertops and an abundance of storage space for all your culinary needs. The fantastic gameroom, complete with a wet bar is perfect for entertaining. Escape to your own personal paradise as you step outside into the backyard with tiki hut, built-in grill and the highlight of the outdoor space is the inviting pool, which is perfect for relaxing or cooling off during the hot summer months. Enjoy the breathtaking views from the balcony that overlooks the pool and the tranquil Lake Conroe. Whether you're looking for a great entertaining house or a peaceful retreat, this property offers it all.
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About Palm Beach Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017