5405 Zephyr Lane
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 |
|---|---|---|---|
| Sep 13, 2023 | Sold | ||
| Sold | |||
| Aug 13, 2023 | Listed by Inked Real Estate | $329,000 | |
| Listed by Inked Real Estate | |||
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Elegantly designed three-bedroom, two-bath home in the Exclusive Waterfront Community of Harbor Town on Lake Conroe. This home features an open kitchen with granite countertops, breakfast bar, stainless Energy Star appliances, gas range, under-counter lighting, and an abundance of cabinetry and counter space. The family room has wood flooring, a gas fireplace, custom built-ins, and beautiful French doors that lead to your private covered patio. Large primary suite features a walk-in shower, garden tub, makeup vanity, and two sinks. Keep your plants happy with the underground sprinkler system. Monthly HOA fee includes lawn service, pest control, and common ground maintenance. Harbor Town is home to the Lake Conroe Lighthouse, recreation amenities including tennis courts, basketball court, community center, boat slip rentals, boat ramp, sandy beach area, and community pool.
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| Nov 17, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by Walzel Properties | $325,000 | |
| Listed by Walzel Properties | |||
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Beautiful three-bedroom, two-bath home in the Gated Waterfront Community of Harbor Town on Lake Conroe. This home offers an open kitchen with granite countertops, breakfast bar, stainless Energy Star appliances, gas range, under-counter lighting, an abundance of cabinetry, and workspace. The family room has wood laminate flooring, a gas fireplace, custom built-ins, and a wall of windows. There is an open dining area and in-house laundry room, large primary suite offering a walk-in shower, garden tub, makeup vanity, and two sinks. There is a great cover patio, sprinkler system, monthly HOA fee includes lawn service, pest control,l, and common ground maintenance. Harbor Town is home to the Lake Conroe Lighthouse, recreation amenities including tennis courts, basketball court, community center, boat slip rentals, boat ramp, sandy beach area, and community pool.
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| May 31, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017