150 CR 1699
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 |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 26, 2025 | Listed by Signature Properties, LLC | $99,000 | |
| Listed by Signature Properties, LLC | |||
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Endless Potential on Serene Lake Louise! Discover the charm and history of this peaceful retreat on Lake Louise—a tranquil, no-wake lake just south of Lake Fork. Nestled in the heart of East Texas, this cozy cabin tells a story all its own. Originally one of the miners’ shacks from the Alba mining industry, it was relocated to this beautiful lakeside lot in the 1960s, where it has stood ever since. The cabin exudes rustic character with original beadboard-stained walls and ceilings, hardwood floors, vintage hardware, and charming fixtures. While it does need some TLC inside and out, it offers a rare opportunity: restore the cabin to its former glory or bring your vision to life with custom house plans already drawn up by the seller for a brand-new lakeside escape. Enjoy mornings and evenings on the recently rebuilt fishing pier—perfect for casting a line or simply soaking in the peaceful lake views. Whether you're dreaming of a weekend getaway or a full-time retreat, this property promises unforgettable lake living. Don’t miss your chance to own a piece of East Texas history with a view that will never go out of style!
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| Sep 7, 2021 | Sold | ||
| Sold | |||
| Jul 6, 2021 | Listed by Signature Properties, LLC | $73,200 | |
| Listed by Signature Properties, LLC | |||
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Back in the day when Alba was a booming mining town, this little cabin was one of the miners shacks. It now sits at the beautiful Lake Louise with its own pier and towering trees. Sit on the large screened in porch and watch the birds and other wildlife or go out and catch plenty of fish! This cabin is a One room cabin with a full bath, it does need some TLC but with wood floors, real wood on the interior walls and ceilings and fantastic views it has loads of potential!! It is waiting for you to come with your ideas to bring this back to life. Perfect for a home or a cozy getaway from the hustle and bustle of city life. Come on out and see this great property...the lake life is calling!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017