LOT 1699 Shade Tree Drive
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 30, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by Coldwell Banker High Country | $14,000 | |
| Listed by Coldwell Banker High Country | |||
| Oct 22, 2020 | No longer available | - | |
| No longer available | |||
| Oct 29, 2019 | Listed by Keller Williams Rlty. Partners | $7,000 | |
| Listed by Keller Williams Rlty. Partners | |||
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Fantastic buildable lot in Talking Rock Creek Resort. Easy access from the back gated entrance. Very close to the amenities on Marie Dr which include swim/tennis and "The Lodge" sitting on Talking Rock Creek. Subdivision is gated and across the street from Carters Lake. Enjoy fishing, hiking, swimming and enjoying nature. Come build your dream cabin or weekend getaway!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017