3225 Park Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 8, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | No longer available | - | |
| No longer available | |||
| Sep 28, 2023 | Listed by Real Broker, LLC | $549,900 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Rare opportunities like this country lake house don't come around often! One-of-a-kind property located at the end of a dead-end road, adorned with pecan trees from an 1861 orchard is a fisherman's dream, situated on 5.4 park-like acres, including a 3.5-acre lake. This private oasis provides a natural habitat for wildlife, including fish, deer, wild ducks. Easy access to Houston & College Station. Escape to your own serene retreat & take in incredible views of your 3.5-acre lake from your extended back patio. Updated home has 4 bedrooms, 2 bathrooms, study, breakfast room, living room & dining area, all primed for entertaining guests. Additionally, there is a massive closet off the fourth bedroom that can easily be converted into a 3rd bathroom. This house is an ideal choice for remote work with the possibility of having multiple home offices. Discover the perfect place to call home in Chappell Hill! Don't let this amazing opportunity slip away-act now and make your dream a reality!
| |||
| Sep 14, 2023 | Price Decreased |
$1,085,000
↓ $110K
(9.2%) | |
| Price Decreased | |||
| Aug 11, 2023 | Price Decreased |
$1,195,000
↓ $75K
(5.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017