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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 |
|---|---|---|---|
| Oct 26, 2026 | Sold | ||
| Sold | |||
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Sullivan Hill Country Properti | $164,900 | |
| Listed by Sullivan Hill Country Properti | |||
| Apr 2, 2025 | No longer available | - | |
| No longer available | |||
| Aug 2, 2024 | Listed by RE/MAX Genesis | $249,000 | |
| Listed by RE/MAX Genesis | |||
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1.79 acre cul de sac lot in The Peninsula at Mystic Shores. (Gated entry). Left side is level & has been partially cleared, RT side is heavily treed and slopes down towards Arthur Ct. There is a large/level building site on back left side of property. Potential view of Guadalupe River with some trees cleared off the slope. Lot is 447 feet deep - plenty of room for your new hill country home. By-laws, covenants/restrictions & plat is available in assoc. docs. Available to show at any time. Take a look today & bring us an offer!
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Property Highlights
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About West Canyon Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017