Lot 19 Neeleys Slough Drive
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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 |
|---|---|---|---|
| May 4, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2020 | Listed by Possum Kingdom Real Estate | $149,000 | |
| Listed by Possum Kingdom Real Estate | |||
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Welcome to the peaceful, private, and quiet Neeley's Slough Enclave where you'll find this waterfront 1.641 acre home site Lot 19. This property can add a boat dock, and a tram after receiving a permit from the Brazos River Authority. The topography starts out nearly level near the road frontage, and then it gently slopes towards the valley until you'll see a rocky ridge lined with huge natural boulders that descend deep down in to the scenic tree lined slough that looks like a jungle. The panoramic views include homes on the adjacent hillside over in The Cliff's lakeside resort golf community. You'll appreciate the security of arriving and departing through the Cliff's gated and guarded entrance. See ya soon!
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14411814
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017