6042 Leeward Island 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.
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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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Nov 29, 2023 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $578,000 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
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When you enter the private gates of Royal Cay you will find sprawling estates & a section of the Watercrest Subdivision you never knew existed. This nearly 3000 sq ft single-story home is proof that dreams really do come true as it was built on a HALF-ACRE lot in 2021! The interior features an open floor plan, cool paint tones, brand new luxury vinyl plank flooring, plush carpet, 4 generous sized bedrooms + a den/office. Enjoy granite counters, stainless appliances, double ovens, an enormous pantry, a whole-house water filtration system, an abundance of kitchen cabinets and a generous size utility room with a sink. Entertain outside on your covered patio overlooking your half-acre that can be left open or know the addition of a fence by sellers is negotiable. The Watercrest amenities offer a private boat ramp, a clubhouse, 2 swimming pools, a dog park & multiple fishing ponds! A Country feel located just 4 miles from Hwy 45 and shopping! Home Dreams become Reality here at Lake Conroe
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| Sep 18, 2021 | No longer available | - | |
| No longer available | |||
| Sep 9, 2021 | Sold | ||
| Sold | |||
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About Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017