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23340 Three Points Drive
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 |
|---|---|---|---|
| Jun 5, 2026 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Staples Sotheby's International Realty | $615,000 | |
| Listed by Staples Sotheby's International Realty | |||
| Dec 17, 2021 | No longer available | - | |
| No longer available | |||
| Dec 5, 2021 | Listed by Keller Williams Realty-Tyler | $549,900 | |
| Listed by Keller Williams Realty-Tyler | |||
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OPEN HOUSE SUNDAY DEC 5th 3pm - 5pm. NO SHOWINGS AVAILABLE UNTIL THIS TIME Stunning, light-bright waterfront home on Lake Palestine. HURRY to view! You do not want to miss this one! Enjoy over $100,000 worth of modern upgrades to this amazing home. Owners have been using as a very profitable AirBNB. Make this three bedroom, three bath home your own or continue as a lucrative investment. Upon entry, this home features a completely updated kitchen with luxury appliances, spacious dining areas, open living space and woodburning stove. Two spacious bedrooms with walk-in closets and bathroom access from the master. Enjoy another full-bath located by the kitchen. Follow the staircase to a massive upstairs bedroom with infinite possibilities. This space could easily serve as a bonus room, a mother-in-law suite, or be divided into two separate bedrooms and includes a large, ensuite bathroom. All this and a lake view from the kitchen and all dining/living areas. Your private boat slip is ready for your boat. Your backyard includes a storage shed and is perfect for entertaining or enjoying beautiful Lake Palestine. A fishing pier, small park and boat launch are all included in your ONLY $50 PER YEAR HOA dues. AND, the subdivision is zoned for single family homes only. This home has it all. Make it yours today! The manager has listed the unit size as 2320 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017