9
Map
345 Mayo 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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Listed by Staples Sotheby's International Realty | $199,000 | |
| Listed by Staples Sotheby's International Realty | |||
| Mar 24, 2021 | No longer available | - | |
| No longer available | |||
| Mar 19, 2021 | Listed | $67,000 | |
| Listed | |||
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Beautiful wooded 1.39 acre lot in Bullard ISD in Eastdale Acres with Lake Palestine access! Pick the trees you want to keep! The great bonus here is that the Neches River Authority owns the approx. 1.5 acres with shoreline behind this lot, and owner of this lot is allowed to use with approval of "limited use" and a yearly fee of $25 plus 5 cents per foot on elevation line (total of $40.55 a year). Buyer to satisfy self. Could possibly water yard from lake with additional fee. Mayo Lake and Lake Laura are also in this subdivision. POA fee is $200 a year per lot. Currently, there is an additional $200 additional assessment fee in effect until 09/2021. Minimum sq ft of heated and cooled area must be 1250 and must be a newly constructed home. Metal siding is not allowed. This lot is among large nice homes! Fish from backyard! Pretty, BISD, and access to Lake Palestine! Enjoy lake living!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017