9192 Deepwater Drive
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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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by Keller Williams Realty The Woodlands | $600,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Fabulous lakefront home with breathtaking open water views of Lake Conroe. The spacious living/kitchen area is light and bright with floor to ceiling windows and allows for plenty of space for friends and family to gather while enjoying the lake life! Gorgeous travertine throughout the first floor. Private primary suite upstairs featuring dual vanities, soaking tub, separate shower, and large extra room with access to the balcony. Two secondary bedrooms with full bath downstairs. Extended covered back porch with eastern exposure to enjoy beautiful sunrises and afternoon shade. Covered boat slip with lift and extra decking. Located in ideal location on Lake Conroe with quick and easy access to shopping and restaurants. Bring your boat and enjoy all the recreational activities that Lake Conroe has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017