13 Cedar D
About This Property
Restore the current home or build new home on the lot. Home is perfect for fishermen wanting easy access to the lake or someone just wanting a little peace and quiet from the city. Lots of room to entertain in the huge sun room on back patio when friends and family visit. Lake Mexia is 1048 acres with excellent angler opportunities!! Unrestricted with low taxes. Perfect for RV too! HOME SOLD AS IS NO REPAIRS WILL BE DONE.
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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 |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | Listed by Cadence Realty Services | $89,999 | |
| Listed by Cadence Realty Services | |||
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Beautiful homesite on Lake Mexia in the heart of Texas. Own your own little piece of paradise on Lake Mexia.
Restore the current home or build new home on the lot. Home is perfect for fishermen wanting easy access to the lake or someone just wanting a little peace and quiet from the city. Lots of room to entertain in the huge sun room on back patio when friends and family visit. Lake Mexia is 1048 acres with excellent angler opportunities!! Unrestricted with low taxes. Perfect for RV too! HOME SOLD AS IS NO REPAIRS WILL BE DONE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017