1255 RS County Road 3400
About This Property
Welcome to your dream lakefront home on Lake Fork! This property offers approx 3249 sq ft of luxurious living space, with 4 beds, 3.5 baths, office and media room. You'll be captivated by the beautiful hickory hand scraped wood floors along with porcelain tile and slate tile, adding warmth and elegance to the space. The open floor plan is great for entertaining and breathtaking views of the lake from mult rms. The 2 main bdrms are true retreats, lg closets and en-suite baths for ultimate privacy and comfort. Whether you prefer a relaxing soak in the tub or a refreshing shower, these bathrooms have it all. Covered boat and fishing dock is complete with 2 electric boat lifts and comp decking. The lg, covered patio includes a wood-burning fireplace and gas for cooking. Lg bass, catfish and crappie are all caught from this dock on a regular basis. See attached docs for complete description.
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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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Relisted | $988,000 | |
| Relisted | |||
| Oct 16, 2024 | No longer available | - | |
| No longer available | |||
| Oct 11, 2024 | Price Decreased |
$988,000
↓ $77K
(7.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017