Lot 311 Timberdell Drive
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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 |
|---|---|---|---|
| Oct 13, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by United Country - Heart of Texas RE | $29,000 | |
| Listed by United Country - Heart of Texas RE | |||
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Opportunity to own a piece of Lake Brownwood. Tow lots with a canopy and water and electric already on site and available for use. There is an Rv under the canopy that can be purchased separately and 6 more lots that can be purchase to give you lots of room. The purchase of this property also give you the privilege to use all of Tamarack Mountains facilities, Boat Ramp, Swimming pool, Play ground and even a RV septic Dump station.
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About Thunderbird Bay
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14545878
Details provided by NTREIS and may not match the public record
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