15838 McElroy Road
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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | Listed by National Agent Network | $798,000 | |
| Listed by National Agent Network | |||
| Feb 28, 2019 | No longer available | - | |
| No longer available | |||
| Feb 6, 2019 | Listed | $450,000 | |
| Listed | |||
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Beautiful home nestled on an expansive lake front lot on Lake Tyler with 148 feet of shoreline. Set back from the road this spacious home boasts open concept living room that offers vaulted ceiling with wood beams, tile flooring, wood stove, and looks into the kitchen and sun room. Fantastic kitchen features granite counter tops, tile back splash, and custom cabinets. Sit and enjoy your morning cup of coffee in the serene sun room with a wall of windows and take in views of the expansive yard and lake. Host friends and family for summer lake days with plenty of space for yard games and cooking out. Skiing, tubing, wake boarding, and fishing are a breeze from the dock with boat house and pontoon slip. Large shop is great for storing all of your tools and equipment and next to the covered RV storage. Whether you are looking for a weekend getaway or a place to call home this property has everything you are looking for. Call today for your private tour! The manager has listed the unit size as 1750 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017