1801 Isle Royale 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 |
|---|---|---|---|
| Aug 8, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by JPAR - Rockwall | $1,050,000 | |
| Listed by JPAR - Rockwall | |||
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Resort Style Lakeside Living 5-bedroom, 3-bathroom home situated on the golf course at the 16th fairway, offering picturesque views of Lake Ray Hubbard. This captivating residence boasts a luxurious owner's suite with views of the lake and pool, complete with a steam shower and soaking tub.
Step inside to discover a spacious floor plan featuring an office, two dining areas, and an eat-in kitchen. The kitchen showcases custom closets and cabinets, while the living area offers a cozy fireplace. Upstairs, a game room provides additional space for entertainment and relaxation.
Outside, you'll find a large landscaped backyard with an oasis-style heated pool, perfect for enjoying outdoor gatherings. An outdoor fireplace with a pergola ensures you can enjoy the view year round. Take in the beautiful views of Lake Ray Hubbard while living on the golf course. Complete with new roof, havc, pool equipment, windows, gutters, and Jellyfish Lighting(Never hang Christmas lights again).
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| Sep 17, 2020 | Sold | ||
| Sold | |||
| Aug 20, 2020 | Listed by Coldwell Banker Realty | $649,950 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017