19182 Laketree Drive
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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.
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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 12, 2019 | Sold | ||
| Sold | |||
| Jul 13, 2018 | Listed by Martha Turner Sotheby's | $3,000,000 | |
| Listed by Martha Turner Sotheby's | |||
| Jul 29, 2017 | Listed | $3,799,000 | |
| Listed | |||
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Listed by Sellers & Associates Realty Group. Call 936-525-3220 to see this home. Visit www.HomesOnLakeConroeTexas.com to search for homes by map. Located in Montgomery County, Texas, this Lake Conroe waterfront estate is an Italian-style villa on 6.5+ private acres, with gated access serving only nine homes. Six full suites, one of which is +/-800 SF guest suite ''apartment'' with full kitchen. Approximately 400 feet of bulkheaded shoreline on large, quiet cove suitable for sea plane landing. Elegant privacy awaits those few whose success has earned such exquisite design and world-class craftsmanship. Truly a one-of-a-kind property. . The manager has listed the unit size as 9999 square feet.
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About Laketree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017