536 Winding Shore Drive
About This Property
Just walk out your backdoor onto the covered deck and look down the canal at the OPEN WATER of Cedar Creek Lake.There is Lot #21 with carport and #24 with cement pad that is also for sale. The home is in need of remodeling so it is perfect for someone that has vision and can see the possibilities to make it HOME SWEET HOME.Just 1 hour from Dallas and you are able to relax and enjoy life at Cedar Creek Lake. Just 1 hour from Dallas and you are able to relax and enjoy life at Cedar Creek Lake.Plat of survey and T-47 are in MLS docs.Buyers and buyers agents are responsible to verify information provided.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 12, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | Listed by Keller Williams Realty | $265,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017