1723 Park Road 36
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%.
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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 19, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by Engel & Volkers Fort Worth | $2,195,000 | |
| Listed by Engel & Volkers Fort Worth | |||
| Dec 11, 2022 | No longer available | - | |
| No longer available | |||
| Jun 18, 2022 | Price Decreased |
$2,777,777
↓ $72K
(2.5%) | |
| Price Decreased | |||
| Apr 22, 2022 | Listed by Engel & Volkers Fort Worth | $2,850,000 | |
| Listed by Engel & Volkers Fort Worth | |||
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This one owner custom waterfront, private gated Possum Kingdom Lake estate, sits on the much sought after east side of the Peninsula, and checks all the boxes for a buyer wanting lakefront living with water sports . Breathtaking expansive views of the lake and shoreline and gorgeous sunsets can be appreciated from almost every window and from the oversized screened in porch. This prime location offers deep water dockage currently approximately 50 feet and boasts a two story dock. Dock is currently getting a facelift from the last storm. From the moment you drive up and the gate opens, the front entry with generous parking invites you into your own world of private lakefront living with fabulous open flowing floorplan. Kitchen, dining and living all open to each other, master suite on main floor and multiple bedrooms and living spaces up makes for fun for everyone. A must see to appreciate the quality custom features of this estate. The manager has listed the unit size as 4710 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017