2 Lake Point Circle
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by Berkshire Hathaway HS Stovall | $449,000 | |
| Listed by Berkshire Hathaway HS Stovall | |||
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WATER FRONT PROPERTY nestled in the Canyon Rock Lake subdivision. Truly one-of-a-kind custom built brick home. Designed for comfortable living with spacious living room and bedrooms, TWO bonus areas, impressive outdoor living, and direct access to the Canyon Rock Lake. Updates within the past 3 years include decorative and smart home lighting, new kitchen appliances, new HVAC, spray foam insulation, electrical, porcelain tile flooring imported from Spain, among other updates totally $70K+. Lighting controlled by smart home system app and is not dependent on Wi-Fi. Exterior features include a covered porch, deck, open patio, sprinkler system, potting shed and storage building, fenced dog run, fire pit and beautiful landscaping in a cul-de-sac setting, perfect for family activities and outdoor enjoyment. Homes in this neighborhood don't come on the market very often - don't miss this opportunity!
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| Jul 28, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Remax Of Abilene | $345,000 | |
| Listed by Remax Of Abilene | |||
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Water Front Property! Truly one-of-a-kind brick home. Custom built 4 bedroom, 3 bath, in a quiet cul-de-sac overlooking Canyon Rock Lake. Split bedroom plan, large master suite. Separate vanities, walk in closet. Versatile office, sitting or small bedroom. Fabulous kitchen, island, smooth cooktop and two ovens. Cozy corner fireplace with blower, gas starter. Sun room. Beautiful landscaped yard, wood deck, private walk to lake, potting shed, storage building. Better Hurry!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017