9255 Escondido 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 |
|---|---|---|---|
| Nov 2, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 20, 2025 | Listed by Connect Realty.com | $2,200,000 | |
| Listed by Connect Realty.com | |||
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Discover a one-of-a-kind lot in an unparalleled location on the east side of Lake Conroe, nestled within the charming, gated community of Rancho Escondido. This unique property, which is 2 lots combined and spans over ½ acre, offers those breathtaking, fiery red sunsets and is adorned with mature pine trees that quench westerly, radiant heat. The boat house is already on site, offering 2 boat slips for your lake toys, and the recently renovated bulkhead provides safety and stability to the lot and future home. This property's elevation is such that it did not experience any road flooding during any of the recent heavy rain events. The community offers private boat ramp access and well-maintained tennis courts. The location is superb, being close enough to the conveniences of town, while allowing you to experience lake life at its finest. Build your dream home and create lasting memories while enjoying the serene lifestyle of Lake Conroe.
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| Jul 7, 2023 | Sold | ||
| Sold | |||
| May 27, 2023 | Listed by Keller Williams Woodlands | $1,400,000 | |
| Listed by Keller Williams Woodlands | |||
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Spectacular Property In Highly Sought-After, Gated Rancho Escondido! A Striking One-Story Brick Home With Some Of The Best Open Water Views On The Lake! The Sunsets Are Absolutely Magical; The Home Is Situated On Two Large (Buildable) Lots With Mature Trees & Nearly 180 Feet Of Shoreline; A Dock & Boathouse With Two Slips/Lifts Are Located On The Northside Side Of The Shoreline So Your Water Views Are Unobstructed; The Primary Home Features 4 Generous Bedrooms (Or 3 Bedrooms & A Study) And Large Formals That Are Perfect For Entertaining; There Is Also A Garage Apartment That Offers A Bedroom, Full Bath, Kitchenette, And Living Room; The Main Kitchen Features Elegant Granite Countertops, Abundant Cabinet Storage, And An Adjacent Breakfast Room; Take In Amazing Lake Views In The Spacious Climate-Controlled Sunroom; The Home Has Been Repainted With Modern Colors Throughout & Features Recent Wood Floors In The Living Spaces; Whole House Generator; Community Boat Launch & Trailor Storage!
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| Apr 20, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017