3024 Lovers 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 12, 2023 | Sold | ||
| Sold | |||
| Oct 11, 2023 | Listed by Scottco Realty Group LLC | $839,000 | |
| Listed by Scottco Realty Group LLC | |||
| Jul 21, 2023 | No longer available | - | |
| No longer available | |||
| Apr 20, 2023 | Listed by Buy Wise Real Estate | $839,000 | |
| Listed by Buy Wise Real Estate | |||
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PRIME LOCATION for future business or development. This almost 8 acres sits right on FM 1173 with frontage road. With no known deed restrictions this land has endless opportunities. Mini storage, RV storage, industrial development or residential to name a few. Property is less than 5 miles from Denton and very close to HWY I35. Close to shopping, restaurants, and schools. Electricity and water are available. Opportunity to buy 1.5 more additional acres that includes a mobile home and brick house with barn are available to make a total of little more than 9 acres.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017