2501 Lakeview Parkway
About This Property
Listed By
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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 13, 2026 | Listed by Trivestments, Inc | $1,550,000 | |
| Listed by Trivestments, Inc | |||
| Aug 8, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | Listed by Caprice Michelle, LLC | $599,900 | |
| Listed by Caprice Michelle, LLC | |||
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This 2.38 Acre property is Nestled in between the Busy Walmart Supercenter Traffic, Home Depot, and a Baylor Physical Therapy Facility. High Visibility even though there is a Rowlett Water Tower. There is a Single Family Subdivision at the back and a Medical facility with some medical offices. Chilis is in front of the Water tower. This is a Perfect Location for More Medical, Retail Shops, or a Restaurant. See attachments for Walmart restrictions. No Competing business with Walmart, No Automotive. An Office Building would be a great fit! See Survey pictures with 2 buildings. Buyer and Buyer's agent to verify all information.
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| Apr 2, 2023 | No longer available | - | |
| No longer available | |||
| Dec 7, 2022 | Price Decreased |
$599,900
↓ $20K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017