159 Shepherds Glen Road
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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 |
|---|---|---|---|
| Jan 15, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2020 | Listed by Coldwell Banker Realty | $1,100,000 | |
| Listed by Coldwell Banker Realty | |||
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Rare opportunity to acquire the crown jewel overlooking Lake Ray Hubbard and the Dallas skyline. Build your dream estate home on this pinnacle land with varied terrain, totaling 3.83 acres offering everlasting unobstructed lake and shoreline views reminiscent of Dana Point, in Heath's premier subdivision, Loch Braeland. Two lots, (Lot 12 at 1.77 aces & Lot 13 at 2.06 acres ) being offered as a package deal. Build one home or two. Seller willing to build to suit. Buyer to verify all information including lot size, , building and deed restrictions, boundaries, ability to replat, etc.
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About Shepards Glen
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14296384
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017