205 Roark Lane
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 |
|---|---|---|---|
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 24, 2022 | Listed by HomeSmart Fine Properties | $299,500 | |
| Listed by HomeSmart Fine Properties | |||
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Looking for land in all the wrong places? Well look no further! 205 Roark sits on ONE ACRE and is close to all that Lake Jackson and Freeport have to offer, close to major industrial power players, the convenience of HWY 288 and 2004 and fun in the Galveston Beach sun is a hop, skip and a jump away. The 3 car-detached garage can house all of your toys and the back porch is ready for your grilling masterpieces. Bring your friends and family in out of the heat and utilize the expansive granite bar to serve your tasty Texas treats. The chef in the family will love the gas stove with griddle and all of the counter-space for prepping. Downstairs you will find an open concept for living and dining, 3 bedrooms with walk-in closets and a spacious laundry room complete with a window, granite counters and storage. The sun room would make an awesome play room, home school room or even an art or craft studio. Upstairs is a large additional bedroom, full bath and 3 CLOSETS-Make an appointment today
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| Dec 30, 2020 | Sold | ||
| Sold | |||
| Apr 27, 2020 | Listed by Birdsong Real Estate | $264,000 | |
| Listed by Birdsong Real Estate | |||
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This lovely remodeled home sits on an acre. Walk Into a spacious living and dining area. A big kitchen with granite counter tops and an abundance of cabinet space. 3 bedrooms with walk in closets and ceramic flooring. Master bathroom has a shower. Extra huge room that can be a play room or office. Utility room is nice-sized. Walk upstairs to a guest room with a living area, shower and tub. A nice covered patio to enjoy the fresh air. Large backyard with tons of trees. This home has so much to offer. Schedule your appointment today!
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| Apr 15, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017