4620 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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Nov 28, 2024 | Relisted | $180,000 | |
| Relisted | |||
| Nov 26, 2024 | No longer available | - | |
| No longer available | |||
| May 25, 2024 | Listed by KWSynergy | $180,000 | |
| Listed by KWSynergy | |||
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Spacious 4-Bedroom Home with Lake Access in Harbor Point, Brownwood, TX.
This beautiful 4-bedroom, 2-bathroom home is located in the highly desirable Harbor Point Sec I subdivision, offering a perfect combination of tranquility and modern convenience. Situated on 0.732 acres, this property includes two parcels and is just a short distance from the shores of Brownwood Lake, providing you with the ideal setting for both relaxation and recreation.
Built in 1994, the home features 2,128 square feet of living space, including an open floorplan with a living room complete with a stone, wood-burning fireplace that creates a warm, inviting atmosphere. The spacious kitchen offers built-in cabinets, a breakfast bar, and ceiling fans, making it a great space for cooking and entertaining. The adjacent dining area and breakfast room provide ample space for family gatherings.
The primary bedroom includes a separate shower, granite countertops, and a linen closet for added convenience. All bedrooms feature ceiling fans and generous closet space.
For added comfort, this home offers central electric heating and cooling, with ceiling fans to help you stay cool during the warmer months. The accessible ramp to the front of the home ensures easy access for everyone.
The exterior boasts a covered deck, storage space, and a circular gravel driveway leading to a detached 4-car carport. The property is fully fenced with chain link and pipe fencing and features a beautiful mix of native oak trees, making this the perfect spot for outdoor enjoyment.
Located in the May ISD school district, this home is ideal for families and offers the benefit of an annual HOA fee of $300, which covers full access to community amenities and property maintenance.
This property is an excellent choice for anyone looking to live near Brownwood Lake, with ample space for both relaxation and entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017