Lot 56 Private Road 5937
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 9, 2019 | No longer available | - | |
| No longer available | |||
| Oct 2, 2019 | Sold | ||
| Sold | |||
| Sep 6, 2018 | Listed | $29,700 | |
| Listed | |||
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Lot 56 and 57 are being sold as one, that gives you almost one acre to build on. Can you imagine a lot with the view of golf course behind your home and a view of Lake Fork across the street? This lot is located in the gated Lake Fork Country Club Estates which features an 18 hole championship golf course, and a private boat ramp for you and your guests to access Lake Fork.
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| Mar 1, 2016 | Listed by Lone Star Realty | $29,700 | |
| Listed by Lone Star Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017