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327 Cape Conroe Drive
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 |
|---|---|---|---|
| Aug 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 24, 2026 | Listed by JLA Realty | $285,000 | |
| Listed by JLA Realty | |||
| Jun 22, 2026 | Listed by JLA Realty | $279,999 | |
| Listed by JLA Realty | |||
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Beautifully maintained 3-bedroom, 2-bath home in Cape Conroe, offering 1,756 SF of open-concept living space. The kitchen features granite countertops, stainless steel appliances, a large island, and abundant storage. Accessibility features include widened doorways, a zero-step entry, and grab bars in the primary shower. The spacious primary suite offers dual sinks and a walk-in closet. Enjoy a covered patio, fenced backyard, and direct access to a neighborhood walking trail and waterfall. Recent improvements include a 2021 roof, 2022 solar panels, ceiling fans, garage door openers, an over-the-range microwave, sprinkler system enhancements, french drains, and a professionally serviced HVAC system. Conveniently located minutes from Lake Conroe, shopping, dining, and schools. Cape Conroe amenities include a boat launch, fishing pier, clubhouse, pool, playground, pavilion, and basketball court. This move-in-ready home combines thoughtful design, energy efficiency, and a prime location.
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| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Top Guns Realty on Lake Conroe | $257,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Fantastic home in Cape Conroe. Close to schools, shopping and dining. Minutes from the lake. Move in ready. Open floor plan. Kitchen features plenty of cabinets and counter space, a large island, stainless steel appliances, and gorgeous granite counter tops. The large breakfast nook is right off the kitchen and overlooks the living room. The dining room is a great flex room, which connects to the kitchen and living room. The primary bedroom features a bathroom with dual sinks, large shower and walk-in closet. The back yard is a dream with a covered back porch, large fenced-in back yard and a gate that leads to a neighborhood walking trail and waterfall feature. Must see in person to appreciate!
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About Cape Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017