2220 Lake Estates
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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 |
|---|---|---|---|
| May 28, 2022 | No longer available | - | |
| No longer available | |||
| May 25, 2022 | Sold | ||
| Sold | |||
| Apr 26, 2022 | In contract | - | |
| In contract | |||
| Apr 5, 2022 | No longer available | - | |
| No longer available | |||
| Mar 31, 2022 | Listed by Keller Williams Rockwall | $999,999 | |
| Listed by Keller Williams Rockwall | |||
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Stunning home in immaculate condition! Pride of ownership is evident in this single owner home. Entryway with beautiful floors featuring an inlay of tile and wood. Gorgeous hand-scraped hardwoods in hallway, study and living room. This kitchen is a cooks dream with a large island, backsplash with mosaic tile feature and lovely two toned cabinets. Master retreat with sitting area and large walk in shower with dual shower heads and garden tub. All bedrooms have WIC, bedroom 2 & 3 with jack and jill bath. Convenient mudroom by the garage and laundry room. Backyard oasis with a saltwater pool and outdoor living center. Epoxy flooring in the oversized garage. Exterior cameras and sound system. The manager has listed the unit size as 3260 square feet.
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About Rockwall
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017