5114 Pleasure Lake Drive
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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by Coldwell Banker Realty - The Woodlands | $304,000 | |
| Listed by Coldwell Banker Realty - The Woodlands | |||
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You'll Enjoy this WATERVIEW Brick and stone, 4 bedroom/2 bath, 2-story charmer on a spacious, landscaped corner lot. Spacious upstairs bedroom could be used as a gameroom, media room, or bunkroom! Surrounded by lush Magnolia trees, Azalea bushes, oak trees, backing up to an outstanding view. Here's where morning coffee and a darling view of Lake Conroe from your back porch are part of everyday life. Your new home is surrounded by Trees, garden spaces and walking distance to dip your toes in Lake Conroe, fun community parks, waterfront Seven Coves Pool, the expanded marina and more! Convenient location puts you minutes from the new HEB, Kroger, local Elementaries, and ez access to IH 45 and FM 1097. STR allowed. New Air Handling system, 4/24.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017