2115 LAKE Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 24, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by FLORIDA HOMES REALTY & MTG LLC | $340,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Jun 12, 2020 | Listed by FLORIDA HOMES REALTY & MTG LLC | $300,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Jun 29, 2015 | Sold | ||
| Sold | |||
| May 30, 2015 | Listed by COLDWELL BANKER VANGUARD REALTY | $286,924 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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You DO NOT have to commute 45-60 minutes into Jacksonville to enjoy a wonderful parcel of land. This home sits on FULLY fenced 8.8 acres w/3 beautiful blue lakes right in SOUTHSIDE! This is a RARE opportunity to enjoy the land and open space but still be convenient to everything. Home is 4BR/2BA & built of steel & concrete. Steel wall studs, rafters & floor joists. Yard around house is separately fenced from rest of the parcel. There are 3 outbuildings. (1)CCB 2-car garage 24'x 32'. (2)25'x 25' 1-car garage w/full elec. & sliding door. (3)storage barn 16'x 24'. There is a big fowl coop for peacocks, chickens, you name it. Nature in your backyard...deer, geese, foxes, & tons of water birds + fruit trees & blackberry bushes. See aerial photo under documents tab. Vacant Land MLS #679988.
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017