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9919 Monarch Landing Cove
About This Property
Swoon over the $35,000 upgraded double greenbelt/thoroughfare lot + culdesac street in this amazing 55+ manned gated community. An additional $25,000 in upgrades includes a 10 ft extension off the back of the den that provides an abundance of living space + luxury vinyl floors throughout + so much more...See list. Island kitchen, tons of cabinets, granite counters, pantry & under counter lighting is a Perfect size! Functional Study/Flex/Bedroom with double glass doors is an added bonus. Primary bedroom located at the back features a huge walk-in shower, double sinks, walk in closet + a private toilet area. Come daydream under the covered patio or enjoy coffee on front porch. You will Ahh over the grand clubhouse, with a restaurant, card/gameroom, fitness center, 9-hole golf course, pickle ball, tennis courts, walking trails ++ Coming soon a Private Marina accessing Lake Conroe.
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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 23, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Listed by RE/MAX The Woodlands & Spring | $360,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017