50
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9228 Lake Conroe 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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by The McKellar Group | $2,999,000 | |
| Listed by The McKellar Group | |||
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by The McKellar Group | $2,397,000 | |
| Listed by The McKellar Group | |||
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Modern luxury meets lake-style living in this exquisite home on Lake Conroe! This SINGLE STORY home offers 4 bedrooms, 3.5 baths, a game room and 4 car garage. Inside, you are greeted with 30 ft ceilings and expansive windows to maximize the water views. The kitchen was designed w/ Thermador appliances, soft-close cabinets & drawers, under & over cabinet lighting and a quartzite island w/ an abundance of storage. The primary suite offers a 2-person spa, double closets with w/d in each, and peaceful views of the lake! The heated pool and spa were cleverly designed to double as an exercise pool. EV garage chargers, water softener, sprinkler system, dog wash, foam insulation, full house generator and phenomenal boat house w/ 2 boat lifts, 2 jet ski lifts, fish cleaning station and large storage room. Situated on a full, private acre, this property offers the perfect blend of serenity and accessibility, with convenient proximity to hospitals, dining and shopping.
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| Feb 17, 2025 | Listed by The McKellar Group | $2,397,000 | |
| Listed by The McKellar Group | |||
| | |||
|
Modern luxury meets lake-style living in this exquisite home on Lake Conroe! This SINGLE STORY home offers 4 bedrooms, 3.5 baths, a game room and 4 car garage. Inside, you are greeted with 30 ft ceilings and expansive windows to maximize the water views. The kitchen was designed w/ Thermador appliances, soft-close cabinets & drawers, under & over cabinet lighting and a quartz island w/ an abundance of storage. The primary suite offers a 2-person spa, double closets with w/d in each, and peaceful views of the lake! The heated pool and spa were cleverly designed to double as an exercise pool. EV garage chargers, water softener, sprinkler system, dog wash, foam insulation, full house generator and phenomenal boat house w/ 2 boat lifts, 2 jet ski lifts, fish cleaning station and large storage room. Situated on a full, private acre, this property offers the perfect blend of serenity and accessibility, with convenient proximity to hospitals, dining and shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017