29 & 37 Shallow Springs
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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2023 | Listed by Howard Home RealtyLee Brooks & Associates | $342,000 | |
| Listed by Howard Home RealtyLee Brooks & Associates | |||
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Welcome to one of Lake Livingston's premier golfing communities and country club. Experienced custom builder has acquired several lots in Westwood Shores. Perfect place to retire with the golf, tennis, clubhouse, restaurant and bar, pickle ball, swimming pools, and constant activities. Plus there is an RV park, marina/store, boat launch and much more. This is one of the choice lots close to the golf course on a Cul-de-Sac. This excellent design has no wasted space. Walk into a formal entry past a study or 3rd bedroom. The kitchen and dining are larger than the floor plan as there is no stair case. Interior: soft close cabinets and drawers, under counter lighting, electric fireplace, 5" floor molding, upgraded vessel or undermount sinks (buyers choice), upgraded shower fixtures (see pictures of samples), farmer's sink in kitchen. Now is the time for buyers to make personal choices of color, etc.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017