1031 Whispering Lakes Trail
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 |
|---|---|---|---|
| Jun 3, 2025 | Listed | $55,000 | |
| Listed | |||
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Enjoy the perfect blend of rural charm and community living with this 0.6-acre residential lot in a quiet, established neighborhood. This lot has public water. A septic tank will be needed for your dream home. Surrounded by well-maintained homes, the setting offers both privacy and a sense of belonging. The neighborhood HOA helps preserve the area's peaceful character and appearance, making it a great place to build and invest long-term. Don't miss out on this rare opportunity to create your ideal home in a serene, well-kept rural community. Owner is a licensed real estate agent.
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| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2023 | Listed by Keller Williams Realty Atlanta Partners | $18,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
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Beautiful residential lot #36 in Whispering Lakes subdivision. .6 acres, located just 7 miles outside of downtown Madison. Time to build your dream home!
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| Mar 20, 2023 | Sold | ||
| Sold | |||
| Feb 18, 2022 | Listed by High Point RE Group LLC | $35,000 | |
| Listed by High Point RE Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017