2831 Pine Arbor Drive
About This Property
Great property to call home. Award winning Montgomery schools.
Come join the the lake lifestyle
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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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | Listed by Hoover Lake Conroe Group | $310,000 | |
| Listed by Hoover Lake Conroe Group | |||
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Quaint one story home with great touches in quiet neighborhood with easy access to Lake Conroe at the end of the cul-de-sac. Lots of built ins. Three bedrooms, formal office, plus large bonus room that can serve as formal dining room, game room, or play space. Two large living areas or one can be used as dining room. Main living area has engineered wood plank floors. Kitchen is open to living area with granite wrap around counter tops. Austin stone fireplace and owner that has done lots of improvements. Home has access to lake through green space at end of the block restricted to neighborhood residents. You can fish steps from your door. Walden has exceptional amenities include fitness club, multiple pools, dog park, recreational spaces, and two boat launches available for tenants use. Marina and golf club are available for extra fee. Minutes from Margaritaville Resort.
Great property to call home. Award winning Montgomery schools.
Come join the the lake lifestyle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017