8890 Water Oak
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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2023 | Listed by Keller Williams Realty Professionals | $79,900 | |
| Listed by Keller Williams Realty Professionals | |||
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Now is your chance to own a waterfront property in the great neighborhood of Walnut Cove! This one bedroom one and bathroom house features an open concept and a fireplace in the living room, great for those cool mornings in Willis. Home also features a spacious covered patio overlooking the canal, great for sipping morning coffee or watching the evening sunsets. With quick access to Lake Conroe you can enjoy all of the amenities and benefits the lake has to offer!
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| May 31, 2023 | Sold | ||
| Sold | |||
| Nov 29, 2022 | Listed by Keller Williams Professionals | $65,000 | |
| Listed by Keller Williams Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017