Lot 41 Bishop 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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Apr 20, 2024 | Listed by Cultivate Real Estate | $120,000 | |
| Listed by Cultivate Real Estate | |||
| Jul 28, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | Listed by HomeSmart | $115,000 | |
| Listed by HomeSmart | |||
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BUILD YOUR DREAM HOME! Here's your chance to to build a beautiful home in the highly desired Quail Springs Community in Peaster ISD. Enjoy 2 acres, plenty of trees and views of the sunset. A great builder PLUS your Pinterest boards, wishlist and imagination, will help turn your dreams into your reality. Lot 41 is located between 287 Bishop Drive & 305 Bishop Drive. If you'd like to take a relaxing drive to go explore the lot and community, use the address of either adjacent homes for your GPS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017