Lot 53 Dolphin Drive
About This Property
If the buyers do not choose to purchase the lot, it will be available for purchase.
Beautiful partially wooded lot in the Lake Conroe waterfront community of Corinthian Point. Steps away from the waterfront green space giving members direct access to the lake.
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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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | Listed by eXp Realty LLC | $65,000 | |
| Listed by eXp Realty LLC | |||
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Buyers of the house to the right (MLS# 73844036) have first right of refusal to purchase this lot.
If the buyers do not choose to purchase the lot, it will be available for purchase.
Beautiful partially wooded lot in the Lake Conroe waterfront community of Corinthian Point. Steps away from the waterfront green space giving members direct access to the lake.
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About Corinthian Point
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Last Updated: 6 months ago
Data Source: HAR , MLS# 18860910
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017