252 Lake Estates Drive
About This Property
Walden has parks, walking trails, on lovely Lake Conroe. Location is very close to Margaritaville, good shopping and fine many restaurants around the lake.
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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 |
|---|---|---|---|
| Jul 16, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by Walzel Properties | $263,000 | |
| Listed by Walzel Properties | |||
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This former model home is ready for your family. So many amenities in Walden, this is a superior location, no neighbors on one side. This home boasts an open floor plan, hand-scraped wood floors, gas cooktop, granite counters, arched door openings, textured walls, high ceilings. Recent improvements include paint, carpet in bedrooms, complete HVAC system. Primary bedroom includes a study, sitting room or nursery area. Primary bath has separate shower and jetted tub, double vanities. Backyard has pergola, storage shed that will stay. Ceiling fans in every room, gaslog fireplace.
Walden has parks, walking trails, on lovely Lake Conroe. Location is very close to Margaritaville, good shopping and fine many restaurants around the lake.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017