3222 Lottie 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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Listed by Jordan Kimball Realty, LLC | $1,200,000 | |
| Listed by Jordan Kimball Realty, LLC | |||
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9.58 acres cleared and zoned R2, survey is available. Just 3 minutes from 59 and around the corner from the new Fort Bend Municipal Epicenter! This property offers the opportunity to build your custom Texas dream home or to build multiple homes to be near loved ones and can also serve as the site for a development.
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| Jul 24, 2023 | Sold | ||
| Sold | |||
| Feb 14, 2023 | Listed by Keller Williams, LLC | $750,000 | |
| Listed by Keller Williams, LLC | |||
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This 9.58-acre property has tremendous opportunity to become a single-family residential community or R-2 family development. There are two entries onto the property from Pecha Lane and Lottie Ln, and it is mainly wooded with cleared meadows. There is also a small pond at the front of the property. The property has a 2 septic systems and 2 wells, but there is also access to MUD District utilities on the adjacent parcel where recently a development took place.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017