50 Robin Lane
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 7, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Coldwell Banker Realty | $69,000 | |
| Listed by Coldwell Banker Realty | |||
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Here is a gorgeous 5 acre lot just waiting for you to build your dream home or your weekend get away. Located in the quiet community of Lake Water Wheel Estates. This is a quaint airstrip subdivision for owners that have small planes (plane not required). Community amenities include- pool (about to be resurfaced) a fishing lake, basketball courts, tennis courts, children's playground, Club house, 4 wheeler trails off of Big Creek. This 5 acre lot is provided community water and electric service in front ready to go for your new build. The lot is one of the highest points in the subdivision and therefore did not flood during Harvey. Only 1 hour north of downtown Houston. Nestled amongst beautiful hardwood trees. This lot is one of the few in LWW that allows large animals (horses, cows, & goats) The buyer can apply for an AG exemption for their new 5 acre lot. Located 15 minutes east of Hwy 59 (I69) 47 minutes to The Woodlands, 53 minutes to IAH airport. A great location!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017