3757 Lazy River 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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by Bill Johnson & Assoc. Real Est | $30,000 | |
| Listed by Bill Johnson & Assoc. Real Est | |||
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A prime lot just under a quarter of an acre in the Lazy River Subdivision is available to make your own. This tract has a septic system in place, electric meter, metal shed and smoke house, and is steps away from the flowing Brazos River. An attractive property at 3795 Lazy River Drive is also for sale -HAR#56426272 - and this lot could be used for extra parking or to build a guest cottage for the main house. There are many possibilities, what is your vision?!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017