2 Laguna Road
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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 |
|---|---|---|---|
| Sep 29, 2020 | Sold | ||
| Sold | |||
| Jul 12, 2020 | Listed by Area Pro Group North Lake | $294,900 | |
| Listed by Area Pro Group North Lake | |||
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LOCATION, LOCATION, LOCATION! Welcome home to" Margaritaville" on Lake Conroe... where a "Cheeseburger in Paradise" is truly just a short walk or GOLF CART RIDE away! UNBELIEVABLY LOW TAXES at just 1.91%, low HOA dues, & backing to a greenbelt w/NO NEIGHBORS BEHIND. This beautiful home located in a unique & fun lake resort community offers everything your family will desire to include open & spacious floorplan, high ceilings, 4 bedrooms (master down, 3 beds up), 2.5 baths, formal dining or study, gameroom upstairs, new wood floors throughout (upstairs & down), new interior paint, new light fixtures, & much more... including the highly-acclaimed MONTGOMERY ISD schools!!! As a resident of the Del Lago community, you will be living within "Margaritaville" w/resort membership opportunities available for use of golf course, resort pool & lazy river, day spa, fitness center, mini golf, tennis, pickleball... & public access to the "Landshark" & "License to Chill" restaurants!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017