16
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18591 & 18609 Lazy Lane
About This Property
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Cap Rate Calculator
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 23, 2026 | Listed by Staples Sotheby's International Realty | $75,000 | |
| Listed by Staples Sotheby's International Realty | |||
| Sep 18, 2026 | No longer available | - | |
| No longer available | |||
| Jul 21, 2026 | Price Decreased |
$79,500
↓ $6K
(6.5%) | |
| Price Decreased | |||
| Mar 24, 2026 | Listed by Staples Sotheby's International Realty | $85,000 | |
| Listed by Staples Sotheby's International Realty | |||
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Tucked among the rolling hills and towering trees of East Texas, this beautiful 1.004-acre wooded lot in Highland Lake Village at Lake Palestine offers the perfect setting for your dream home or weekend retreat. Surrounded by nature, the property provides a peaceful, private atmosphere with mature trees and abundant wildlife, while still being part of a welcoming lakeside community. Enjoy the charm and serenity of country living with convenient access to the recreational opportunities of Lake Palestine—boating, fishing, and relaxing on the water are just moments away. Don’t miss an opportunity to own a slice of East Texas paradise!
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| Oct 25, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017