LOT 28 LANTANA CERRO
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 7, 2006 | Sold | ||
| Sold | |||
| Aug 9, 2006 | Sold | ||
| Sold | |||
| Jun 20, 2006 | Listed by Real Estate Services of Texas | $45,900 | |
| Listed by Real Estate Services of Texas | |||
| Mar 1, 2006 | Listed by Coldwell Banker D'Ann Harper | $47,000 | |
| Listed by Coldwell Banker D'Ann Harper | |||
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PC1144. 1.06 ACRE LEVEL CORNER LOT W/ MATURE TREES WAITING FOR DREAM HOME TO BE BUILT. GATED COMMUNITY OFF HWY. 281 JUST NORTH OF HWY. 46 INTERSECTION. ALL ACREAGE LOTS W/ QUALITY RESTRICTIONS (2000 SF AND 3/4 MASONRY) AND ALL UNDERGROUND UTILITIES. PLANS REQUIRE ACC APPROVAL. PRESTIGIOUS LOCATION WITH PRIVATE PARK FEATURING SPRINGS, PONDS & HIKING TRAILS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017