3980 Lake Shore 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 |
|---|---|---|---|
| Jul 7, 2021 | Sold | ||
| Sold | |||
| May 14, 2021 | Listed by United Country - Heart of Texas RE | $109,500 | |
| Listed by United Country - Heart of Texas RE | |||
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Nice waterfront Lot with everything you need for the weekend at the lake. There is a RV that is setup with an extra rest room waiting on you or you can sell it and bring your own. the RV is parked under a large awning that also has enough parking for you cars. Back toward the back of the lot is a covered area that is great for picnics and BBQs. There is also a good dock that is sitting in the channel and good depth water. All of the Lot is inside a fence and one of the nicest gate around. Come take a look at this prime waterfront property before it is no longer avaliable.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017