7
Map
18222 Steele Point 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 1, 2026 | No longer available | - | |
| No longer available | |||
| Sep 1, 2026 | Listed by JLA Realty | $125,000 | |
| Listed by JLA Realty | |||
| Apr 22, 2026 | Price Decreased |
$255,000
↓ $10K
(3.8%) | |
| Price Decreased | |||
| Jan 31, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 31, 2026 | Listed by JLA Realty | $265,000 | |
| Listed by JLA Realty | |||
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Build your dream home or barndominium on these beautiful waterfront/canal front lots in Lake Shadows. This property sits on the canal that directly feeds into beautiful Lake Houston and offers stunning lake view from your future backyard. Enjoy peaceful mornings and evenings by the water and boating directly from your property. The lots are cleared and ready for your custom built home. Gorgeous lake views - Bulkheads already in place. Established neighborhood with fun filled neighbor events and amenities for the whole family. Seller will consider selling lots separately, but purchased together gives you lots of room to build your dream home and enjoy those waterfront days and nights in one of the funnest neighborhoods Crosby has to offer!
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About Lake Shadows
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$3,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017