3518 Emerson Drive
About This Property
Additional highlights include a two-year-old roof, an extra-long garage, two updated bathrooms, custom cabinetry, and ample storage. The expansive covered patio is ideal for entertaining, and all mounted TVs and surround sound systems stay.
Set on just shy of ¼ acre, with the adjacent lot owned and maintained by the HOA for added privacy, this home is zoned for the esteemed Montgomery ISD and priced to sell-truly unmatched!
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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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | Relisted | $444,995 | |
| Relisted | |||
| Dec 10, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 19, 2024 | Listed by Walzel Properties - Spring | $444,995 | |
| Listed by Walzel Properties - Spring | |||
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Look no further for your completely custom home with room for a crowd in the highly sought-after Walden on Lake Conroe, just a bike ride away from pools, parks, restaurants, and a walking trail to the fitness center. This spacious residence features 3 bedrooms, 3.5 bathrooms, a dedicated office, and an extra living area that can easily serve as a 4th bedroom. Plus, the finished room above the garage offers potential for a 5th bedroom or versatile flex space.
Additional highlights include a two-year-old roof, an extra-long garage, two updated bathrooms, custom cabinetry, and ample storage. The expansive covered patio is ideal for entertaining, and all mounted TVs and surround sound systems stay.
Set on just shy of ¼ acre, with the adjacent lot owned and maintained by the HOA for added privacy, this home is zoned for the esteemed Montgomery ISD and priced to sell—truly unmatched!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017