309 Lakeside Drive
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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%.
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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 11, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by eXp Realty, LLC | $340,000 | |
| Listed by eXp Realty, LLC | |||
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Completely renovated and meticulously updated 3 bedroom 2.5 bath! Open floor plan design featuring wood-look tile flooring throughout, neutral paint tones, recessed lighting, custom cabinets in kitchen and baths with granite countertops. The spacious living room flows to the kitchen/dining area offering a nice, large island with cooktop and stainless steel appliances. Fencing added to front yard for additional privacy, new HVAC, plumbing, insulation, doors, double-pane windows, roof, side fences, a generously sized covered patio and so much more! Clear Creek ISD, low taxes, no HOA dues. Just minutes to Kemah Boardwalk, shopping, entertainment, and restaurants. Schedule your private tour today!
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| Sep 29, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by Krueger Real Estate | $290,000 | |
| Listed by Krueger Real Estate | |||
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Welcome HOME! This beauty is nestled in the waterfront community of Lakeside in Kemah, Texas. This rare find is practically new construction - completely renovated and meticulously updated 3 bedroom 2.5 bath! Inside you are welcomed by an open floor plan design featuring wood-look tile flooring throughout, neutral paint tones, recessed lighting, custom cabinets in kitchen and baths with granite countertops. The spacious living room flows to the kitchen/dining area offering a nice, large island with cooktop and stainless steel appliances. Completely new HVAC, plumbing, insulation, doors, double-pane windows, roof, side fences, a generously sized covered patio and so much more! Clear Creek ISD, low taxes, no HOA dues. Close to EVERYTHING! Minutes from Kemah Boardwalk, boating, fishing, shopping, entertainment, and local eateries are all around. Schedule your private tour today!
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About Lakeside
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Last Updated: 4 months ago
Data Source: HAR , MLS# 47286747
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