131 Briarwood Drive
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 |
|---|---|---|---|
| Nov 8, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | Listed by The Street Real Estate Company | $500,000 | |
| Listed by The Street Real Estate Company | |||
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Welcome to your dream lakefront retreat, or newest short-term rental, on the stunning open waters of Cedar Creek Lake! This charming 3 bed, 2 bath has a thoughtfully designed split floor plan & comes FULLY FURNISHED (with offer deemed acceptable by sellers), complete with 7 separate beds. The updated picture windows have transformed a bright & airy sunroom into a cozy bunkroom with breathtaking water views. Step outside to the outdoor living oasis featuring a spacious covered patio, perfect for morning coffee or hosting lakeside gatherings. One-car garage, plus covered carport for 2 vehicles, a workshop, & an extra storage unit. This lakeside gem offers both comfort & functionality. (Please see list of exclusions, as they will be taking a few personal items with them. The list could possibly be updated over the course of the week, but it will be finalized before contract acceptance). Shared dock: lower right side of dock belongs to sellers; fence gate & dock walkway are shared spaces.
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| Oct 27, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2020 | Listed by Ebby Halliday Realtors | $325,900 | |
| Listed by Ebby Halliday Realtors | |||
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Wide open water on Cedar Creek Lake for only $325,900! Get it while you still can, it won’t last long! This 3-bedroom, 2-bath lakeside home in Gun Barrel City features an enclosed waterside sunroom with vaulted ceiling, serving pass-thru and lots of windows leading out to a covered bar and cantina and backyard with firepit. Freshly painted inside, it also features separated quarters on either side of the central open living-kitchen-dining area with gas range, a couple of carport parking spaces plus garage with attached workspace, wrought iron fenced yard for privacy and a deeded, shared boathouse (lower right side) with separate electric & pump with maintenance agreement.
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| Nov 15, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017