Experience the best of lake living in this expansive 2,430 Sqr Ft.
Home that sits on 2 Acres in the Private Gated Rio Brazos Estates
at Lake Alan Henry. This well maintained one owner home offers 4
Bedrooms, 3 Bathrooms, 1 Half Bath, attached 2 Car Garage that is
heated and cooled, Detached 30x40 4 Bay Carport, with a 40x27
Insulated Shop, 2 Isolated Primary Bedrooms, 2 Living Areas,
soaring 10-12 ft ceilings throughout, soft water System is owned.
This Home is Perfect for entertaining or relaxing, enjoy the
expansive 13x60 covered front porch and 10x20 back porch.
low-maintenance exterior, all electric home offers comfort, style,
and functionality in a peaceful lakeside setting with exclusive
access to a private boat ramp. Don't miss your chance to own this
lakeside gem! All Home Furnishings & Yard Equipment are Available
for Negotiations. Call today to schedule your showing.
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.
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