2012 Stallion Lakes Avenue
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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 4, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2024 | Listed by Martha Turner Sotheby's International Realty | $615,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Set behind impressive security gates, Stallion Lakes offers wooded, acreage homesites with a variety of elevations. Developed by Kickerillo & Bean, this is a custom home community with five renowned custom homes builders to choose from. Owners must begin home construction within 18 months of lot purchase. Homesite prices range from the 300’s to the 600’s. Amenities include fiber optic cable, natural gas, concrete streets, walking trails, and lakes. Low tax rate and no lot offered is in a floodplain. Proximity is close to The Clubs at Houston Oaks and Cypress shopping. Low tax rate. Other lots available with varying price ranges. Sales office is just inside gate and open Saturday and Sunday 11 AM - 4 PM.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 77864062
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017