Lot 243 Tejas
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 9, 2023 | Sold | ||
| Sold | |||
| Apr 1, 2023 | Listed by Real | $21,900 | |
| Listed by Real | |||
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Lake Fork Living. Nicely Treed Waterfront Lot to a Stocked Fishing Pond. Property has a Culvert, Driveway, Water, and Electric Installed. Sewer Sump Pump will need to be Installed if Needed. Located in a Gated Waterfront Community on Beautiful Lake Fork. Ready for you to make your Home and Enjoy Lake Life Living. Buyer to Pay for Survey and Title Insurance if Needed. Holiday Village Does Allow Short and Long Term Rentals. Mandatory HOA is $50 a month. Well Water Filtration Facility and Sewer Base Cost are $65 Each to Use a month. High Speed Internet and Cable are Available. Bring your Golf Cart, ATV, Boat, RV and Fishing Pole! Community Benefits Include Common Fishing Piers, Boat Ramps, Clubhouse with Diner, Pool, Playgrounds, Mini Golf, Basketball Court, and Picnic Areas. Monthly Potluck, Bingo, Karaoke, Paint Classes and Weekly Social Clubs Available to Attend.
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| May 28, 2021 | Sold | ||
| Sold | |||
| Dec 27, 2020 | Listed by Promised Land Group, LLC | $15,000 | |
| Listed by Promised Land Group, LLC | |||
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Improved Lot in a gated community on Lake Fork. Nicely treed and backs to a fishing pond. There are markers with orange ribbons on survey pins but if a full survey is needed it will be at buyers expense. Community benefits include common fishing piers, boat ramps, clubhouse with pool, playgrounds, putt putt golf, basketball court, and picnic areas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017