5322 Montego Cove 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 |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by CB&A, Realtors | $84,900 | |
| Listed by CB&A, Realtors | |||
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Cleared and ready for you to come in and build your dream home or vacation home on Lake Conroe! With partial lake access and views, this lot is perfect for someone looking to enjoy some peace and quiet in their backyard. Great for fishing, too! One of the last available large lots located in Seven Coves, come get it and make it yours today!
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| Dec 8, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by Richards & Assoc. Real Estate | $85,000 | |
| Listed by Richards & Assoc. Real Estate | |||
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Lot is cleared and ready to build your dream or vacation home on. It is located within the well established Seven Coves community. This lot has gorgeous tree lines with direct water access to Lake Conroe right from your own backyard! The Seven Coves community has many neighborhood amenities to include a water front pool, park, marina, clubhouse and so much more! Close access to I-45 without the highway noise!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017