230 County Road 541 Drive
About This Property
Equipped with two AC units and two hot water heaters, ensuring comfort and efficiency year-round. It features a large 24x30 two car vaulted carport; two private docks for lake side activities; a 24x24 metal shop with two overhead doors & electric; an RV Hookup; a 10x16 wooden storage with electricity on a concrete slab and a free standing single carport for a small RV or pop-up camper storage. BRAND NEW ROOF AND KITCHEN FLOOR has been updated. This property offers the best of lakeside living with modern comforts, making it an ideal getaway or permanent residence. Embrace the tranquility and charm of Lake Leon in Eastland, Texas.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2024 | Listed by Don Bell Properties, LLC | $375,000 | |
| Listed by Don Bell Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017