36263 E Council Drive
About This Property
While Deerwood East is its own separate neighborhood, residents enjoy access to the fantastic amenities at nearby Deerwood Lakes - including over four fishing lakes, a spacious clubhouse, tennis courts, and a brand-new community pool and splash pad currently under construction.
Towering trees offer natural beauty and the flexibility to clear as needed. Deed restrictions are available to guide your vision. Mobile homes are not permitted. The POA does not maintain or own the roads.
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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 3, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | Listed by Keller Williams Premier Realty | $12,500 | |
| Listed by Keller Williams Premier Realty | |||
| Feb 17, 2025 | No longer available | - | |
| No longer available | |||
| Feb 10, 2025 | Listed by eXp Realty LLC | $14,000 | |
| Listed by eXp Realty LLC | |||
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Welcome to your new canvas to build your dream home, entertainment or a weekend getaway! It’s a country setting just 30 minutes from downtown Prairie View and Magnolia. Deerwood East is a wooded, rural community just down FM 2979 from Deerwood Lakes. Deerwood East can use the amenities located in Deerwood Lakes, but it is not the same neighborhood (include 4+ fishing lakes, 2200 sq.ft. Clubhouse, tennis courts, and a new community swimming pool and splash pad-under construction now). Beautiful trees sprinkle the property, so you can pick which trees to keep. Deed restrictions are available. NO MOBILE HOMES ALLOWED. POA does not own or maintain the roads.
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| Feb 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017