115 Marina Drive
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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 16, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by TX Lake & Land Real Estate | $425,000 | |
| Listed by TX Lake & Land Real Estate | |||
| Jan 9, 2026 | No longer available | - | |
| No longer available | |||
| Nov 3, 2025 | Listed by TX Lake & Land Real Estate | $425,000 | |
| Listed by TX Lake & Land Real Estate | |||
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Experience the pinnacle of maintenance-free luxury living at Harbor Light Villas. This is your chance to own a beautiful 3 bedroom, 2.5 bathroom, custom home with a 2-car garage in a secure gated waterfront community, situated on a private peninsula of Cedar Creek Lake. The home features premium finishes, including high ceilings, granite countertops, stainless steel appliances, and quality flooring. Let the water views inspire or relax you from the upstairs rooms, then create a beautiful garden to enjoy the stunning scenery from your covered patio which is accessible from the downstairs living area, aside the master suite. Your resort lifestyle is complete with exceptional community amenities featuring a saltwater pool with cabana, boat-fishing dock, landscaped courtyard, and lighted waterfront walkways. Most importantly, a private boat slip is included just for you!! Benefit from the peace of mind offered by onsite maintenance and security, as well as this unbeatable location, placing you less than 10 minutes from the ER, major shopping (Walmart, Lowes, etc.), and entertainment or activities. This is a home where you can have it all without the headache or hassle. Don't let this opportunity pass you by!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017