18
Map
296 Recreation 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 |
|---|---|---|---|
| Aug 6, 2026 | Price Decreased |
$104,000
↓ $10K
(8.8%) | |
| Price Decreased | |||
| Mar 6, 2026 | Listed by SERHANT. | $114,000 | |
| Listed by SERHANT. | |||
| Mar 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 10, 2025 | Listed by Roadrunner Realty, LLC | $114,995 | |
| Listed by Roadrunner Realty, LLC | |||
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This property backs up to the riverfront recreational park. Easy walk down to the park to fish, camp, swim or kayak. The river park is private access only for the owners. Mobile homes are allowed, and so is camping. Mature, beautiful oaks on the property. Rebecca Creek Park is part of the Cypress Lake Gardens POA, which gives you access to several other private parks, a fishing pond, and a pool. This property is perfect for outdoor lovers. Relax in the peace and quiet of nature. The price includes two lots (13 &14) for over an acre. An area has been cleared, ready to build. Electricity and water storage tank already on-site.
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| Dec 10, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017