246 Turnberry Drive #4
About This Property
The manager has listed the unit size as 964 square feet.
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Cap Rate Calculator
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 25, 2022 | No longer available | - | |
| No longer available | |||
| Sep 29, 2022 | In contract | - | |
| In contract | |||
| Sep 17, 2022 | Listed | $215,000 | |
| Listed | |||
| | |||
|
Looking for your next vacation home or nightly rental investment? You found it! Located in one of the most peaceful areas of Pointe Royale, Turnberry Drive. You can't get much closer to the golf course, and as a bonus, you can enjoy a babbling creek just off of your private deck. This furnished two-bedroom condo has had many upgrades, including beautiful new flooring, HVAC is approximately 7 years old & water heater was replaced in 2019. PLUS, the amenities at Pointe Royale can't be beaten and are an incentive for Airbnb and Vrbo guests. Indoor and outdoor pools, tennis courts, children's play area, dog park, access to Lake Taneycomo, gym, onsite bar and dining, and of course golf. Priced to sell, don't miss out on this great opportunity. The manager has listed the unit size as 979 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 17, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/10/2023
|
Loft
|
2 Bath
|
979 ft²
|
$229,000
Loft
2 Bath
979 ft²
|
-
-
|
Ann Ferguson
Keller Williams - Branson Tri-Lakes
| |
|
02/18/2023
|
Loft
|
2 Bath
|
1051 ft²
|
$225,000
Loft
2 Bath
1051 ft²
|
-
-
|
Justin Oller
Keller Williams Tri-Lakes
| |
|
09/17/2022
|
2 Bed
|
2 Bath
|
979 ft²
|
$215,000
2 Bed
2 Bath
979 ft²
|
-
-
|
Christopher James
Keller Williams Tri-Lakes
| |
|
11/10/2021
|
2 Bed
|
2 Bath
|
1051 ft²
|
$181,900
2 Bed
2 Bath
1051 ft²
|
-
-
|
Dustin Hall
Sunset Realty Services Inc.
| |
|
11/01/2020
|
Loft
|
2 Bath
|
964 ft²
|
$106,000
Loft
2 Bath
964 ft²
|
-
-
|
-
| |
|
10/09/2020
|
Loft
|
2 Bath
|
979 ft²
|
$112,000
Loft
2 Bath
979 ft²
|
-
-
|
-
| |
|
06/01/2019
|
2 Bed
|
2 Bath
|
964 ft²
|
$79,900
2 Bed
2 Bath
964 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017