38 S Windsail Place
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%.
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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 21, 2023 | Sold | ||
| Sold | |||
| Feb 10, 2023 | Listed by Compass RE Texas, LLC | $3,850,000 | |
| Listed by Compass RE Texas, LLC | |||
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Lakeside living at its finest on a premium waterfront lot at a prestigious address in the coveted West Isle neighborhood in The Woodlands TX--named the #1 Best City to Live in America for the 2nd straight year. With expansive lake views from rear windows + numerous balconies, this approx. 9,000 square ft estate home was custom designed for family living, grand scale + casual entertaining. This 3-story mansion features multiple formal + casual living and entertaining areas, including a music room, wine grotto, library, home office, gameroom, media room, billiard room + exercise room. 6 bedrooms all have en-suite bathrooms. An additional full bath, 3 powder rooms + abundant storage. Four fireplaces, spectacular millwork, soaring ceilings. Four car garage w/workshop. Stunning infinity pool + spa, outdoor kitchen, private boat dock w/ firepit. This custom estate home is available at a great value, at fraction of the cost and time to build new on East Shore’s few remaining waterfront lots.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017