227 Princess Terrace
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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
| Jan 16, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 22, 2023 | No longer available | - | |
| No longer available | |||
| Aug 21, 2023 | Listed by Walzel Properties - Katy | $1,190,000 | |
| Listed by Walzel Properties - Katy | |||
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Lake LBJ Living at it’s finest! Come see this one-of-a-kind Custom-Built Lakehouse on open water w/spectacular views in the Beautiful Sunrise Beach Village! This stunning hm features approx 61-ft of east facing water frontage, 54-ft. pier w/covered sitng area, approx 900+ sf of covered open area w/hand-made cedar floating bar under house w/slip proof tile thru-out, boat lift, & private swim area. Interior offers high ceilings, open concept kit w/great views of the lake, granite counters, brkfst bar, s/s apps, & soft close drs/cabs, laminate wd flrs on 1st flr, 2 oversized Primary Bdrms down & 1 up w/13x6 Balcony that overlooks the lake, 3 full bths & gmrm up. Other amenities are wrought iron fence, oversized garage w/8 ft dr to fit those Big Trucks. Bring your buyers to this magnificent prop & enjoy the incredible sunsets, endless stars on a clear night, countless deer thru-out Sunrise Beach, & soak up the peace, serenity, & great energy. Make Appt today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017