196 PASEO DEL RIO
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 |
|---|---|---|---|
| Jan 6, 2021 | No longer available | - | |
| No longer available | |||
| May 12, 2020 | Listed | $1,095,000 | |
| Listed | |||
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Lake McQueeny Waterfront home located in desirable Gated Community of Las Brisas. Over 81 feet of waterfront! Gorgeous single story home with high ceilings, a bathroom for every bedroom. Spacious open living area. Granite counter tops, gas cook top and wood burning fireplace. Several outdoor areas, perfect for entertaining. Boat house with lift. Enjoy the sunset from your fabulous deck overlooking the lake! This home would be perfect as a permanent residence or vacation home. The manager has listed the unit size as 2737 square feet.
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| Oct 31, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $799,777 | |
| Listed | |||
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Over 81 feet of prime, improved Lake McQueeney waterfront. Gorgeous single story home on nearly a half acre with tandem boat/jet ski lifts, several outdoor entertaining areas, 14+ ft ceilings in entry & living, a bath for every bedroom. Gas cooktop, wood burning fireplace and updates throughout this beautiful home. In gated Las Brisas neighborhood and the sought after Navarro ISD. Enjoy the best sunset on the lake from your deck! The manager has listed the unit size as 2737 square feet.
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| Oct 6, 2015 | Listed by Travis Shaw Realty | $799,777 | |
| Listed by Travis Shaw Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017