Lot 60 PR 5943
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 12, 2021 | Sold | ||
| Sold | |||
| Mar 1, 2021 | Listed by Signature Properties, LLC | $42,500 | |
| Listed by Signature Properties, LLC | |||
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Four (52, 60, 61, 62) interior lots available in one of the top subdivisions on Lake Fork, Royal Oak Estates. Any of these lots would be a great value for the anyone looking to build in a great community. Collectively, a great value for the investor looking to develop these lots. The community boasts gated entry, concrete streets, a community boat ramp, and close proximity to the main thoroughfare on the lake, FM 515. There is a 2500 SF minimum to build but no time frame restriction. HOA annual dues are only $300. Fiber Optic internet is now available too! There are very few quality lots available on Lake Fork anywhere right now...Don't miss out on some of the best in a great neighborhood community.
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| Nov 24, 2020 | No longer available | - | |
| No longer available | |||
| Nov 10, 2020 | Listed by NextHome Realty Advisors | $285,000 | |
| Listed by NextHome Realty Advisors | |||
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Charming 4 bedroom 2 and half baths with 2 living areas, 2 fireplaces, above ground pool on 4 acres in New Boston. This is a must see.-- Owner is a licensed Realtor® in Texas. The manager has listed the unit size as 2340 square feet.
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14524265
Details provided by NTREIS and may not match the public record
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