313 Mariah Bay Drive
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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by Coldwell Banker Realty Frisco | $725,000 | |
| Listed by Coldwell Banker Realty Frisco | |||
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Escape to the hidden gem of Heath, Tx. Perched on the banks of Lake Ray Hubbard, this one-of-a-kind home is situated on nearly .5 an acre and surrounded by trees with a coveted 3 car garage. Step outside for a swim in the pool or, take a short walk to the lake, maybe quick drive to Dallas or, an even quicker drive into town for shopping, dining + entertainment. A show-stopping backyard with lots of space for play, a separate garden area and a covered patio for hanging by the pool patio. Inside you will be greeted with soaring ceilings and an oversized entry that creates the feeling of luxury and space. Backyard views can be taken in from the updated kitchen and large family room with cozy fireplace and built-ins. Guest room down with full bath which makes an ideal layout for guests. Make your way up the winding staircase to the oversized primary suite with fireplace, balcony and soaking tub. Two additional secondary rooms up with jack and jill bathroom and loft space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017