9847 Twin Shores 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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by Jeff Webb Real Estate | $295,000 | |
| Listed by Jeff Webb Real Estate | |||
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A rare opportunity to own a home on a large corner lot in the Lake Conroe community of Twin Shores. Lake views from the front and back of the home. The elegant foyer opens to a formal dining room that could also be used as a study. The family room is 23x17 and has high ceilings, pretty tile flooring and a beautiful brick fireplace. The kitchen has rich wood cabinetry, breakfast bar, corner pantry and electric cooktop that is also plumbed for natural gas. The nearby breakfast room opens up to the 30x7 screened patio, large wood deck and fully fenced back yard. There's an amazing oak tree out here as well. The primary bedroom is 19x14 and has access to the outdoor screened patio. Nice primary bath with a soaking tub, separate shower and a large walk in closet. There are 2 more bedrooms, a full bath and laundry room that opens to a 3 car garage! Located on a quiet peninsula near the shores of Lake Conroe. Twin Shores has it's own boat ramp and marina. So much to love about this home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017