3795 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 22, 2022 | Listed by Bill Johnson & Assoc. Real Est | $575,000 | |
| Listed by Bill Johnson & Assoc. Real Est | |||
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I give you one of the few properties on the market today that have the ideal location and set-up to host gatherings and celebrations for any event. Situated on the flowing Brazos River, the activities are endless: best fishing in the area, kayaking, floating the rapids then stopping to explore the sandy banks of the river…. The green manicured lawn off the banks leads up to a 2680 sf, 4/3.5 three story main house, offering ample space for lodging. The porches and balconies on each floor are prime spots to watch the neighborhood deer explore and bald eagles soar. Off the main house is a large garage and workshop, which connects to the outdoor/indoor kitchen and living area. Up to 200 people have enjoyed dancing to the live band on the deck, while the grill was hot, and the drinks were cold. 3795 Lazy River Drive could be your weekend retreat, business investment, or fulltime residence…no matter the reason behind the purchase, you’ll be glad you did…
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| Jun 8, 2022 | No longer available | - | |
| No longer available | |||
| May 8, 2022 | Price Decreased |
$639,000
↓ $11K
(1.7%) | |
| Price Decreased | |||
| Dec 11, 2021 | Listed by TEXAS TRUST REAL ESTATE | $650,000 | |
| Listed by TEXAS TRUST REAL ESTATE | |||
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Enjoy fabulous views of the Brazos River from the decks that span the entire length of this lovely river front home! Just minutes from I-10 conveniently located not far from Sealy or Katy. This unique 4-bedroom 3.5 bath home features vaulted ceilings in the living room as well as a beautiful kitchen with plenty of cabinet and counter space. The ground level boasts a great outdoor cooking space, a game room along with one bedroom. An additional bedroom is on the second level with the living room and kitchen. The primary bedroom and bath is on the floor above. Come check out this amazing property if you?re looking for quiet country living and a great place to entertain. Bring your boat! The manager has listed the unit size as 2680 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017