118 Bounding Main 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 |
|---|---|---|---|
| Aug 4, 2021 | Sold | ||
| Sold | |||
| May 24, 2021 | Listed by United Country - Heart of Texas RE | $20,500 | |
| Listed by United Country - Heart of Texas RE | |||
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Lot at Lake Brownwood on the water near the boat ramp at Harbor Point. This property has a mandatory Home owner association that provides the the use of the boat ram and fishing dock , swimming pool and picnic area. The owner is planning to have the old RV moved off the property. This property is price to sell quick so don't wait on this one.
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About Thunderbird Bay
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14586959
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017