380 Bayshore Drive
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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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by Century 21 Realty Partners | $795,000 | |
| Listed by Century 21 Realty Partners | |||
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Welcome to your waterfront retreat, where every day feels like a vacation. Nestled in a deepwater cove of Lake Roof, HVAC, and Water Heater all replaced 2017. Pool/Spa are 2019. Irrigation System installed in 2019. A small cove with tranquil waters and just seconds from the open waters of Lake Conroe. Bask in the picturesque vistas poolside or unwind with a glass of wine on the dock. There's a covered slip and lift for your boat! Step inside to be greeted by sweeping panoramic lake and pool views. The floorplan provides a bright and welcoming ambiance. The owner's suite boasts stunning views and a spacious en suite and walk-in closet. Upstairs, a large gameroom offers space to play and entertain. Step onto the screened-in balcony to revel in some of the most breathtaking views of Lake Conroe and your pool oasis. Outside, the backyard beckons for outdoor entertaining by the pool. Conveniently located near shopping and dining, with access for easier commutes. Sprinkler System.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017