3409 Emerald Anchor Lane
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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by Keller Williams Realty The Woodlands | $314,900 | |
| Listed by Keller Williams Realty The Woodlands | |||
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PRIME LOCATION, MOVE IN READY, & on a CORNER LOT! Only minutes to I45, TX 99, Lake Conroe, & all The Woodlands has to offer. Charming 1 story - 4 beds, 3 baths, 2 car garage. OPEN CONCEPT living w/ kitchen centrally located between dining and family. STUNNING granite island kitchen, SS appliance package, herringbone backsplash, pendant lighting, & walk in pantry. Fridge, washer, and dryer included. LUXURY vinyl plank throughout main living areas. Relax in your primary bedroom w/ dual sinks, garden tub, shower, & walk in closet. Entertain underneath your COVERED patio. The study offers a perfect retreat for some quiet time. Zoned to CONROE ISD. Call today, set up a showing, & make this home yours!
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Property Highlights
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Price/ft²
Listed On
Sold On
About Conroe
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Last Updated: 4 months ago
Data Source: HAR , MLS# 44202446
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