3035 Willowbend Road
About This Property
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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 15, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2023 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $950,000 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
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A waterfront home in Walden on Lake Conroe with 5 bedrooms, 5 1/2 baths, a pool, & a covered boat slip is a fantastic property. Walden is a community located on the shores of Lake Conroe in Texas, known for its scenic beauty and recreational opportunities. The property offers several desirable features. With 5 bedrooms, it provides ample space or hosting guests. Each bedroom having its own attached bathroom ensures convenience and privacy for everyone. The presence of a pool adds a refreshing and enjoyable recreational element to the property. It provides a perfect setting for outdoor relaxation, entertaining guests, or simply cooling off on hot summer days. The covered boat slip provides a protected space to keep a boat, protecting it from the elements and ensuring easy access to the lake whenever desired. Overall, a waterfront home with 5 bedrooms, 5 1/2 baths, a pool, & a covered boat slip in Walden on Lake Conroe offers a luxurious lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017