62 East Shore 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 |
|---|---|---|---|
| May 25, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by Compass Re Texas, LLC | $2,750,000 | |
| Listed by Compass Re Texas, LLC | |||
| | |||
|
WOW! This is a once in a lifetime chance to build the home of your dreams in The Woodlands finest location! Take your time designing and building. No timelines here!!!
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| Dec 16, 2020 | Sold | ||
| Sold | |||
| Dec 30, 2019 | Listed by Compass Re Texas, LLC | $2,100,000 | |
| Listed by Compass Re Texas, LLC | |||
| | |||
|
Once in a lifetime opportunity!!! Build your dream home with your choice of builder and no time tables to adhere to! Truly the only opportunity to do so in East Shore!!! Stunning views of Lake Woodlands await your vision!!!
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Property Highlights
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About The Woodlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,750 /mo
- 3 Beds
- 3 Baths
- 3,142 ft²
$4,751 /mo
- 2 Beds
- 2 Baths
- 1,351 ft²
Last Updated: 4 months ago
Data Source: HAR , MLS# 86460649
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