273 Driftwood Drive
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Aug 17, 2024 | Listed by NextHome Realty Center | $140,000 | |
| Listed by NextHome Realty Center | |||
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This listing includes 2 lots with a new building and covered RV storage—273 Driftwood and 0 Dogwood—totaling 10,000 sq ft. Located in Harbor Point on Lake Livingston. Recent 2022 upgrades feature a 30' x 65' concrete slab with 2 driveways; covered RV parking 14' high; a 30' x 15' building with foam insulation, mini-split AC, roll-up doors (8x8 & 10x10 insulated), a loft with stairs, and electrical setup with 30/50 amp RV hookups. The property has dusk-to-dawn security lighting, water, sewer, and landscaping. Enjoy lake life in a wonderful family community with a pool, clubhouse, boat launch, dock, fishing pier, parks, mini-golf, and a 24-hour manned gate. Perfect for storing your toys now and building your dream home later.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017