1009 Mesquite Ridge
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 19, 2022 | No longer available | - | |
| No longer available | |||
| Apr 4, 2022 | Listed by Taylor Reid Realty | $3,995,000 | |
| Listed by Taylor Reid Realty | |||
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Behold! Feast your eyes on the most gorgeous Gaines Bend 2 story home. This 6 bedroom/ 7 bathroom lake house located on Possum Kingdom Lake with views of Hells Gate has it all and is ready for lake season and entertaining! This modern style home is beyond gorgeous and every feature will leave you speechless. This home comes with high ceilings, an open concept layout, and huge windows which invite beautiful natural lighting all throughout the house. The garage space is large enough for a boat and trailer which allows for the convenience of onsite storage. The additional kitchen comes with warming drawers, double ovens, gas burning cook tops, and two fridges, which is ideal for entertaining large family and friend gatherings. You can access the 2000= sqft boat dock from the elevator or staircase that leads down from the back of the house. Contact us today to inquire about the most dreamy and outstanding lake house on the market! The manager has listed the unit size as 4861 square feet.
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| Nov 2, 2020 | Sold | ||
| Sold | |||
| Aug 23, 2020 | Listed by Coldwell Banker Realty | $1,450,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017