315 Private Road 7703
About This Property
The lot includes a spacious workshop with built in shelving and electricity, a boat carport, and two durable metal RV carports. Utilities are already in place to support two full RV hookups, ideal for extended stays or hosting guests. Water and sewer services are conveniently priced at approximately $110 per month for both RVs.
Included in the sale are two RVs: a 1992 Royal Voyager featuring a recently updated air conditioning unit (only 3 years old) and a 2005 Fleetwood-both with clear titles in hand. Between the RVs, a charming wooden platform rests beneath a large shade tree, offering a serene place to relax and unwind after a day of fishing or boating.
Steamboat Shores provides exclusive lakefront access to Lake Fork, complete with a private boat ramp and fishing pier for property owners. This vibrant community also features two swimming pools, a playground, and a variety of social activities including bingo nights, fish fries, a men's social group, exercise classes, and festive holiday events year-round. High-speed internet is also available, making it easy to stay connected while enjoying the lake lifestyle.
Located next to Axton's Bass City, you'll have quick access to delicious meals for breakfast, lunch, and dinner-as well as bait, tackle, and fuel. This property is an ideal retreat for anglers, weekend adventurers, or anyone looking to enjoy the tranquility of lake living. Come see it for yourself-schedule your private showing today!
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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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Listed by Real Broker, LLC | $49,900 | |
| Listed by Real Broker, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017