20420 High Point
About This Property
The manager has listed the unit size as 1200 square feet.
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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 9, 2023 | Sold | ||
| Sold | |||
| Sep 13, 2023 | Listed by Keller Williams Realty Tyler | $28,000 | |
| Listed by Keller Williams Realty Tyler | |||
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Welcome to your dream property in the Lake Palestine community of Pine Trail Shores! This incredible 0.355-acre lot offers the perfect canvas for you to create your very own slice of paradise. Nestled on Highpoint Drive, this sought-after location boasts not only picturesque surroundings but also the tranquility that comes with living in the heart of nature. Located in Flint, you'll have convenient access to the sparkling waters of Lake Palestine. Additionally, this prime location provides easy access to nearby cities, with Tyler and Lake Palestine State Park just a short drive away. Don't miss out on this incredible opportunity to turn your dreams into reality. Whether you're looking to build your forever home or invest in a piece of land with endless potential, this 0.355-acre lot on Highpoint Drive is waiting for you. Contact us now to schedule a viewing and let us help you embark on your journey towards the perfect lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017