148 Indian Gap Drive
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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 |
|---|---|---|---|
| May 6, 2026 | Listed by Coldwell Banker American Dream | $150,000 | |
| Listed by Coldwell Banker American Dream | |||
| Oct 4, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | Listed by Ebby Halliday Realtors | $119,000 | |
| Listed by Ebby Halliday Realtors | |||
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WHAT POTENTIAL!!! Create your own private park-like setting on these 6 lots with a little over one acre and 329' of channel frontage. Launch a kayak or canoe down the canal among the towering trees. The property includes a 1987 3-2 manufactured home in need of your creative touches. A 20' x 20' metal garage or shed is also on the property. There are three water taps and two grinder tanks on the property if you wanted to add a guest house. Come enjoy those cool Texas evening sitting around the fire pit while you make this your dream property!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017