424 Hoot Avenue
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | Listed by eXp Realty LLC | $679,900 | |
| Listed by eXp Realty LLC | |||
| May 2, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by eXp Realty LLC | $355,000 | |
| Listed by eXp Realty LLC | |||
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QUAINT LAKE HOUSE on .679 acres of DEEDED Land just a stone's throw from beautiful Possum Kingdom Lake is now available!! This charming, older, well loved lake house is perfect to escape the stresses of the city and traffic. HUGE lake views from this cool spot cannot be blocked since there's an easement between this property and the water. Unrestricted land means no one telling you what you can or cannot do with your property, the options are endless! Whether you plan on adding on or remodeling to suit your tastes, the sky is the limit! Beautiful wood floors & wood cabinets add to the charm. Bonus room can be third bedroom or office. New sliding glass doors. See the best sunsets around, its so peaceful and just wait until you start feeding the neighborhood deer! They become part of the family. Great location close to nightlife and eateries plus there's usually live music playing just down the street. Enjoy all Possum Kingdom Lake has to offer now!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017