195 Covert DR
About This Property
Listed By
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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 |
|---|---|---|---|
| Jul 19, 2026 | No longer available | - | |
| No longer available | |||
| Jul 19, 2026 | Listed by Eaton Real Estate Company,LLC | $385,000 | |
| Listed by Eaton Real Estate Company,LLC | |||
| Apr 27, 2026 | Price Decreased |
$385,000
↓ $216K
(35.9%) | |
| Price Decreased | |||
| Jan 18, 2026 | No longer available | - | |
| No longer available | |||
| Jan 18, 2026 | Listed by Eaton Real Estate Company,LLC | $601,000 | |
| Listed by Eaton Real Estate Company,LLC | |||
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10 foot ceilings 6 inch outer walls with all spray foam insulation, recessed lighting throughout, built in entertainment system, modern appearance , all new appliances, water well, storage or work shed .22 of an acre, just steps from lake Buchanan when at full capacity. End of the street privacy. Room to build your own garage or seller can build for you once sale is completed. So much to list please see pictures! Seller will offer to build garage (at buyers cost) on empty lot after purchase. Seller offers $20,000 concession towards new septic if LCRA does not approve current septic system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017