128 Gill Point Lane
About This Property
The chef's kitchen features premium appliances, an oversized island, custom cabinetry, and designer lighting, opening to a spacious living area anchored by an elegant fireplace. The private primary suite provides a spa-inspired bath and generous walk-in closet, while well-positioned secondary bedrooms and flexible living space offer versatility for guests or a home office.
Enjoy a covered patio and serene backyard setting perfect for outdoor gatherings. Located in the highly regarded Aledo Independent School District and just minutes from Fort Worth, this home blends elevated design with exceptional community living.
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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 |
|---|---|---|---|
| Mar 30, 2026 | No longer available | - | |
| No longer available | |||
| Feb 28, 2026 | Price Decreased |
$440,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Feb 13, 2026 | Listed by Briggs Freeman Sotheby's Int'l | $445,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
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About Lakewood
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$3,450 /mo
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017