000 Oak Lane
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 |
|---|---|---|---|
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2023 | Listed by eXp Realty LLC | $27,000 | |
| Listed by eXp Realty LLC | |||
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Welcome to OAK, a hidden gem nestled in the heart of Woodland Lakes, Section 2. This unique opportunity presents two adjacent lots, offering an expansive homestead for those seeking flexibility and customization. With a frontage of 100 X 103 on the sides, these lots boast a total of 0.22 acres, allowing ample space to create your dream property. The best part? There are no Homeowners' Association regulations or restrictions, granting you the freedom to design your ideal home. Water and electricity connections are readily available on-site, making the building process even more convenient. Don't miss out on this incredible chance to own your slice of paradise in an unregulated neighborhood. OAK is listed for sale at an unbeatable price of 27,000.
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| Apr 4, 2022 | Sold | ||
| Sold | |||
| Mar 2, 2022 | Listed by RE/MAX Lake Livingston | $15,000 | |
| Listed by RE/MAX Lake Livingston | |||
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UNRESTRICTED! Come check out these two wooded lots on the corner of Oak & Carol in the Woodland Lakes Subdivision. Only minutes from the City of Shepherd, and 45 minutes to Houston. Perfect spot to build or install a mobile home. Give me a call today to schedule your showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017