6025 Steinbeck Bend 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%.
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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.
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 |
|---|---|---|---|
| May 3, 2022 | No longer available | - | |
| No longer available | |||
| May 2, 2022 | Sold | ||
| Sold | |||
| Apr 26, 2022 | In contract | - | |
| In contract | |||
| Dec 19, 2021 | No longer available | - | |
| No longer available | |||
| Dec 18, 2021 | Listed by Camille Johnson, Realtors | $5,200,000 | |
| Listed by Camille Johnson, Realtors | |||
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Stunning gated estate boasting 80 acres along the Brazos River. Entry opens to a spacious floor plan where ceiling soars 22ft. Kitchen has 2 islands, 2 refrigerators, Viking range, double ovens, wine fridge, 2 dishwashers, trash compactor, butlers pantry, walk-in pantry, ice maker, warming drawer, separate bar area & more. Outdoor kitchen features large grill, burner, warming drawer, double-sink & built-in ice chest. Property features elevator, 2 offices, exercise room with equipment, indoor sauna, guest house, & theatre room with reclining chairs & kitchenette! Skeet shooting, archery, private boat ramp & boat lift in the covered dock, fire pit & fireplace on porch by the pool are all special outdoor features. The manager has listed the unit size as 9964 square feet.
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About North Lake Waco
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14668761
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017