Lot 02 Heatley 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 |
|---|---|---|---|
| Nov 14, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by Howard Home RealtyLee Brooks & Associates | $8,000 | |
| Listed by Howard Home RealtyLee Brooks & Associates | |||
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Great wooded level lot and minutes away from the Country Club and golf course. This is a perfect place to build your weekend or forever home. Look at all the amenities available: Country Club, Exercise Gym, Restaurant and Bar, Pro Shop, pools, tennis and pickle ball courts, marina on Lake Livingston, boat and RV storage and 24 hour security access. Westwood Shores has many clubs offering different community activities so residents are able to participate in activities of their choice. This level lot has trees so you pick the way you want to develop your home surroundings. See the lot dimensions so you have many various plans can be put on this lot. Also backs up to a park for privacy. The boundary survey has already been completed for you.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017