1011 Mesquite Ridge
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 8, 2022 | No longer available | - | |
| No longer available | |||
| Oct 7, 2022 | Sold | ||
| Sold | |||
| Sep 15, 2022 | In contract | - | |
| In contract | |||
| Sep 7, 2022 | No longer available | - | |
| No longer available | |||
| Jul 15, 2022 | Listed by Compass RE Texas, LLC. | $2,150,000 | |
| Listed by Compass RE Texas, LLC. | |||
| | |||
|
This updated home in Gaines Bend (with SHORT TERM RENTAL opportunity!) checks all the boxes: lakefront, dock, expansive views, ample indoor and outdoor living space, guest house and a great floor plan. Updates include new bathrooms with walk-in marble showers, quartz countertops, and double vanities, shiplapped walls and fresh white paint, ceramic tile flooring, nickel fixtures. Blink safety cameras, USB and power plugs in bedrooms, new wifi controlled garage door opener and more. The family room with vaulted ceilings is open to the kitchen and dining area. Doors in the spacious primary suite open to a covered patio. Secondary bedrooms with jack-n-jill bath. Main house features 3 bedrooms, 2.5 baths while the bunkhouse provides an additional bedroom, bathroom and living space. Enjoy sunset views of Hell's Gate from the oversized patio with fireplace. The two-level, private, deep-water boat dock with lift serves as an additional living area. SOLD FULLY FURNISHED. The manager has listed the unit size as 3040 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017