561 W Lago Loop Road
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 |
|---|---|---|---|
| Dec 23, 2020 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by Redding & Associates | $508,000 | |
| Listed by Redding & Associates | |||
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IF YOU ARE LOOKING FOR A WATER FRONT HOME THAT IS MOVE IN READY, YOU'VE FOUND IT! This STUNNING, freshly painted, Mediterranean Style home sits perfectly, so you can sit on your balcony watching the breathtaking Sun Rise as it comes over the bay. The lush back yard is a perfect place to build a pool w/room along the bulkhead to build a double boathouse & outdoor kitchen. POC is known for it's EXCEPTIONAL FISHING, both inshore & offshore & is also a DUCK HUNTERS PARADISE. THE SANCTUARY AT COSTA GRANDE is known as one of the most beautiful RESORT STYLE GATED COMMUNITIES, in all the Texas Coast. Whether you are looking for your forever home, vacation home or a place to entertain clients, this home is perfect. With the ICW being within minutes away, you can be out on the water in no time. You won't find another home located on the water in POC at this price in a community w unlimited amenities for the whole family to enjoy. Click on VIDEO LINK to see why this home won't last long.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017