Lot 4 Water View Lane
About This Property
Wide frontage gives you flexibility on floor plan and layout, plus room to breathe from your neighbors. Robinson ISD is a strong draw for families, and Waters Edge provides that neighborhood feel without sacrificing space.
Bonus: Build with BK Builders and receive a discount on the lot purchase price - pairing a trusted local builder with a premium homesite for an even smarter opportunity.
Contact us today to learn more about lot pricing and our preferred builder program with BK Builders.
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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, 2026 | Listed by EG Realty | $110,000 | |
| Listed by EG Realty | |||
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About McLennan
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Last Updated: 3 months ago
Data Source: NTREIS MLS, MLS# 21316938
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017