464 Deer Trail
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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Price Decreased |
$449,000
↓ $36K
(7.4%) | |
| Price Decreased | |||
| Aug 3, 2024 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Jul 17, 2024 | Listed by Cates & Company | $499,900 | |
| Listed by Cates & Company | |||
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Great LAKE HOUSE nestled on Palo Pinto Lake and ready to make lasting memories! This well-maintained .67-acre waterfront property on the coveted Deer Trail includes some of the best features when looking for a lake property. Private covered floating boat dock with jet ski space on sides, ladders down to water for easy accessibility, a private boat ramp and mounted fishing accessories. Enjoy the HUGE covered back porch with views of the lake and rolling hills, a 2-car garage with pass-through dual doors and a half-circle drive with extra parking! The lake front screened-in outbuilding is great for parties or even a sunroom set up! Additionally, this house includes new carpet, a completely renovated bathroom, smart security system, pre-wired for backup generator, water well for irrigation, and abundance of storage and so much more! Super clean, move-in ready, and ready for you to begin living at the lake! Come experience what it is like to own a piece of property on Palo Pinto Lake!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017