2144 Sleepy Lagoon
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%.
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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.
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 24, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Relisted | $785,000 | |
| Relisted | |||
| May 17, 2024 | Price Decreased |
$685,000
↓ $100K
(12.7%) | |
| Price Decreased | |||
| Feb 7, 2024 | Listed by Innovative Realty | $785,000 | |
| Listed by Innovative Realty | |||
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Discover this slice of heaven in the heart of Flower Mound. This fully renovated 4 bedroom 3.5 bathroom home features top-to-bottom modernization ensuring a stylish, move-in-ready home you are ready to show off. The open floor plan is perfect for hosting, and celebrating with your loved ones. Stepping into your private and secluded backyard, which borders Core of Engineer land, assures you that the tranquility experienced on the back porch will remain ever-present. Retreat to the private primary suite tucked away at the back of the home ready for relaxation and restoration. Upstairs, enjoy the versatility of the loft-game room, perfect for family movie nights or hosting friends. Morning coffees are meant to be spent in a rocking chair on the front porch or on the upstairs balcony to watch the sunrise. The home's location presents not only the heavily sought-after Flower Mound schools, but also quick access to Lake Grapevine, all your needed amenities. Lot next door also available.
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About Northlake Highlands
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14483047
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017