121 PASEO DEL RIO
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 21, 2020 | In contract | - | |
| In contract | |||
| May 10, 2020 | No longer available | - | |
| No longer available | |||
| May 1, 2020 | Listed | $725,000 | |
| Listed | |||
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Bring friends and family and start living the lake life. This turn-key Lake McQueeney home is situated at the very end of the culd-a-sac that offers lots of privacy and nature views. Built above flood plain on a lush green level lot, you'll find it great for pick up football and lawn games. Downstairs patio is massive and the boat house has room for your boats, jet skis and toys! Inside, the living, dining and kitchen are wide open to one another. Equipped with the latest color palate and trendy wood floors. With three bedrooms, an office with room for bunk beds and two and a half baths, this one has room for everyone. The manager has listed the unit size as 2010 square feet.
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| Mar 30, 2020 | Listed by Keller Williams - Heritage | $725,000 | |
| Listed by Keller Williams - Heritage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017