242 S Scenic Loop
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 |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by Sullivan Hill Country Properti | $73,900 | |
| Listed by Sullivan Hill Country Properti | |||
| Nov 2, 2022 | No longer available | - | |
| No longer available | |||
| Sep 9, 2022 | Listed by eXp Realty, LLC | $129,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
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Double lot (60'x165') less than a mile from the water at Boat ramp 8 in Canyon Springs Resort with a water meter. You can see the Canyon Lake Dam from this lot and take advantage of these water views when you build. 226 & 218 S Scenic Loop, which are adjacent lots are also for sale and listed online separately. Lot 226 next door has an electric pole. The Clubhouse is 1,584 square feet, sits on 6.378 acres, and has a beautiful park and playground.
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| Jun 24, 2022 | Price Decreased |
$129,000
↓ $20K
(13.4%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017