14
Map
109 Roadrunner LN
About This Property
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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 |
|---|---|---|---|
| Feb 4, 2025 | No longer available | - | |
| No longer available | |||
| Nov 6, 2024 | Listed by Mark Fox Company | $1,250,000 | |
| Listed by Mark Fox Company | |||
| Oct 1, 2024 | Price Decreased |
$1,250,000
↓ $100K
(7.4%) | |
| Price Decreased | |||
| Mar 25, 2024 | Listed by Mark Fox Company | $1,350,000 | |
| Listed by Mark Fox Company | |||
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Spectacular waterfront on the family-friendly, controlled-level Inks Lake. Residents on Inks Lake enjoy year-round lake access with calm water, beautiful scenery, and excellent fishing. This particular property has one of the most gorgeous stretches of waterfront we've seen with a spacious lawn, wide open views of the water, and granite outcroppings along the water's edge. This is the epitome of why people fall in love with the waterfront lifestyle in the Highland Lakes, these kind of lots just don't come around often. There is a darling 1/1 cabin on the property that is ideal for memorable weekends with the family or could be used in the interim while you begin construction on your dream lake house. There is also additional space on the lot as-is if multiple cabins and/or a garage apartment is more your style.
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| Dec 28, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017