2009 Lake Front Trail
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 14, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | Listed by Reb365 | $599,000 | |
| Listed by Reb365 | |||
| | |||
|
Enjoy the great view of Lake Ray Hubbard from your backyard! This home has two primary bedrooms on the first floor with separate vanities in the bathrooms and walk in closets. Upstairs you are greeted with a huge gameroom and 3 large sized bedrooms with walk in closets. Woodlike ceramic tile flooring, granite counter tops, carpet and wood flooring. The backyard is maintenance free to enjoy the lake with family and friends. A private beach available only to neighborhood residents provides beautiful lake view access and scenic gatherings place for friends and family. Minutes to shopping restaurants, schools, parks and the Rockwall boardwalk on the lake. Sapphire Bay Resort on Lake Ray Hubbard in progress.
| |||
| Dec 17, 2020 | Sold | ||
| Sold | |||
| Aug 1, 2020 | Listed by Top Agent Realty, LLC | $390,000 | |
| Listed by Top Agent Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017