396 Connemara 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 |
|---|---|---|---|
| Aug 17, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by Home Sweet Home RE Group | $619,900 | |
| Listed by Home Sweet Home RE Group | |||
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Welcome to the award-winning 55+ Active Community of Del Webb The Woodlands! Conveniently located close to shopping, restaurants, salons and much more, this beautiful community is THE place to call home. From the moment you drive through the gates you will feel peace and tranquility. This beautiful home located at 396 Connemara Drive is your rare chance to have a waterfront home site. You can drink coffee on the porch in the morning or enjoy an evening watching the sun go down across the water. NO REAR NEIGHBORS offers ultimate privacy and views. Inside is just as impressive with 2 bedrooms, an home office, and sun room. It is perfect for down sizing while still having good space. The home offers so much natural light! Once you venture through the neighborhood you can visit The Lodge, tennis courts or take a dip in the community pool with a beach entry. Come make this your forever today!
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| Jan 24, 2019 | Sold | ||
| Sold | |||
| Oct 5, 2018 | Listed by Keller Williams Realty | $359,000 | |
| Listed by Keller Williams Realty | |||
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Popular one story in Del Webb's Active gated Community that has been barely lived in! Walls of windows in sun room looks out to private preserve with fountain that brings the outdoors in. Upgraded porcelain plank tile throughout. Formal study w/french doors. Kitchen has SS Whirlpool appliances, granite counters, butler's pantry and large walk-in pantry, over sized island and upgraded cabinetry. Master bedroom w/trey ceiling faces preserve. Master bath has exquisite walk-in spa shower and extra closet space. Texas basement walk-up attic has plenty of storage space. Tankless water heater. This great home is on a cul-de-sac within walking distance to clubhouse, fitness center, indoor and outdoor pool and more. Come home to this luxury lifestyle!
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About The Woodlands
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Last Updated: 4 months ago
Data Source: HAR , MLS# 82444629
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