296 Private Road 7709
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Listed by Promised Land Group, LLC | $79,900 | |
| Listed by Promised Land Group, LLC | |||
| May 13, 2024 | No longer available | - | |
| No longer available | |||
| May 29, 2023 | Listed by Promised Land Group, LLC | $89,900 | |
| Listed by Promised Land Group, LLC | |||
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This is a spacious home on 3 oversized lots in the private Lake Fork gated community of Steamboat Shores. There are multiple storage buildings and a spacious mobile home. Pull through driveway on another lot (perfect for maneuvering a boat). Steamboat Shores has two community pools, pavilion, playgrounds, fishing pier and boat dock.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017