26 Balboa
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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 |
|---|---|---|---|
| Feb 23, 2022 | Sold | ||
| Sold | |||
| Nov 27, 2021 | Listed by Woodlands Realty Professionals | $405,000 | |
| Listed by Woodlands Realty Professionals | |||
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Extensive GOLF COURSE VIEW & Lake Access to Lake Conroe, Del Lago subdivision, adjacent to Margaritaville Lake Resort Lake Conroe, one of the most prestigious neighborhoods around the lake. Home boasts high ceilings and open floor plan with a giant wall of windows overlooking the scenic outdoor Patio/Outdoor kitchen area with well over 100 yards of golf course views! New fully remodeled kitchen with stainless steel appliances, granite counters, glass tile backsplash, and farm sink. Spacious primary suite on 1st floor overlooking the golf course through floor to cieling windows. Home offers 4 bedrooms, 3 full and one half baths, game room, complete office space with built-ins, and much more. This home is a rare gem, come see it before its gone!
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About Del Lago
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017