Lot 6 La Costa
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 29, 2023 | Sold | ||
| Sold | |||
| Nov 11, 2022 | Listed by CB&A, Realtors | $300,000 | |
| Listed by CB&A, Realtors | |||
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One of the last few WATERFRONT lots available in the highly desirable Del Lago community! Less than a mile from Margaritaville Resort on Lake Conroe. Build your dream house or weekend home and enjoy all the amenities this community has to offer! Margaritaville memberships available that include golf, fitness center, mini putt, tennis, racquet ball, pickle ball, water park and all the social activities at the resort. Just minutes away from Historic Downtown Montgomery where you can enjoy wining, dining and shopping at locally owned restaurants like the Cozy Grape, H-Wines and The Rancher’s Daughter! Also, a short drive to Conroe and The Woodlands. LOW TAX RATE and NO MUD and Zoned to the exemplary Montgomery ISD.
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| Jan 10, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2021 | Listed by NB Elite Realty | $225,000 | |
| Listed by NB Elite Realty | |||
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Water front, astonishing views, premium location on Lake Conroe... What else can you ask for?
This prime residential lot is located right across the Margaritaville Resort in the prestigious Del Lago Subdivision. The lot is ready to build in. Soil test and survey have been done, water and sewer taps already in place, no MUD, meaning lower taxes. Don't miss it!
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| Jul 7, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017