15 Estate Lane
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 |
|---|---|---|---|
| Sep 27, 2021 | Sold | ||
| Sold | |||
| Sep 10, 2021 | Listed by Keller Williams Central | $225,000 | |
| Listed by Keller Williams Central | |||
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Investors and cash buyers, here's a fabulous opportunity for a large-scale remodel or new build on LAND with NO HOA. The property has a multitude of mature trees, from oaks to pecans and magnolias, offering privacy and seclusion from neighbors. Conveniently located between 80 and 30, this 1.56 ACRE lot gives plenty of options. Keep farm animals, build a pool, or construct a two-story custom home with views to downtown Dallas at night from a balcony. Lots like this don't come up very often these days, so this is a unique opportunity. AC 2014, Water Heater 2019, Furnace 2019. Seller will make no repairs. Sold as is. MULTIPLE OFFERS REC'D. BEST AND FINAL DUE BY MON 9.13 AT 4P CST. ONE OR MORE IS ABOVE LIST.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017