296 Peach Point Lane
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 7, 2023 | Sold | ||
| Sold | |||
| May 22, 2023 | Listed by Keller Williams Advntge Realty | $8,500 | |
| Listed by Keller Williams Advntge Realty | |||
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Ready for golf + lake life? This mostly cleared home site is located in a lovely restricted community built along the Trinity River. Residents have access to the subdivision golf course. Tons of recreational opportunities with nearby Trinity River, Lake Livingston, Davy Crockett National Forest, and the Sam Houston National Forest. Public water available; contact Trinity Rural Water for tap fees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017