LOT 592B Teal Lake Drive
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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 20, 2020 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Listed by Oro Realty | $14,000 | |
| Listed by Oro Realty | |||
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Almost one acre lot in Beaver Creek Subdivision with scattered hardwoods, open area and paved county road frontage. Build your dream home or use it for a weekend getaway - manufactured homes allowed. Love to fish? Lake Somerville is only 15 minutes away or drop a line in of the community lakes in the subdivision. Beaver Creek features a volunteer fire department, lakes, pool, and park. Only 15 miles to Bryan College Station in the popular Snook Area.
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About Burleson
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Last Updated: 5 months ago
Data Source: HAR , MLS# 39592265
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017