143 Mesa Verde
About This Property
Indian Hill Estates is known for its desirable location and the allure of lake living. With a water view from your lot, you can experience the calming effects of the lake, enjoy breathtaking sunrises or sunsets, and potentially have direct access to recreational activities like boating, fishing, or swimming.
Living in close proximity to a public boat ramp maintained by the Trinity River Authority further enhances the appeal of the property. It provides convenient access to the water, making it easier to launch your boat or engage in water-based activities whenever you desire.
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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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2023 | Listed by Rayburn Realty Inc. | $34,900 | |
| Listed by Rayburn Realty Inc. | |||
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Owning a .26-acre lot with a water view in Indian Hill Estates can offer a fantastic opportunity to embrace the lake life. The presence of a water view adds to the scenic beauty and tranquility of the property, allowing you to enjoy the serenity and charm of living near the water.
Indian Hill Estates is known for its desirable location and the allure of lake living. With a water view from your lot, you can experience the calming effects of the lake, enjoy breathtaking sunrises or sunsets, and potentially have direct access to recreational activities like boating, fishing, or swimming.
Living in close proximity to a public boat ramp maintained by the Trinity River Authority further enhances the appeal of the property. It provides convenient access to the water, making it easier to launch your boat or engage in water-based activities whenever you desire.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017