237-238 Cheyenne Dr
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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Listed by Stanberry & Associates | $58,500 | |
| Listed by Stanberry & Associates | |||
| Mar 18, 2024 | Listed by Stanberry REALTORS | $60,000 | |
| Listed by Stanberry REALTORS | |||
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Almost 1/2 acre of pristine tree cover. Two adjacent lots in the relaxed subdivision of Lake Thunderbird in Bastrop County seven miles from downtown Smithville. Enjoy the private 20+ lake for property owners . Fishing, Kayaking, Canoeing! Lake access at a private park with boat ramp and pier. This large lot is a blank slate for you to make it your own. Water and electric service are available. Will need a septic system. Homes in Lake Thunderbird vary from single wide mobile homes, doublewide manufactured homes, tiny homes, and site built homes. There is an active homeowners association with mild restrictions. Association fee is per lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017