724 Lyles Road
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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 |
|---|---|---|---|
| Sep 14, 2022 | No longer available | - | |
| No longer available | |||
| Sep 9, 2022 | Sold | ||
| Sold | |||
| Aug 2, 2022 | In contract | - | |
| In contract | |||
| Jul 7, 2022 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Jun 7, 2022 | Listed by Nolan Properties, LLC | $350,000 | |
| Listed by Nolan Properties, LLC | |||
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Welcome home to this Luxury 2 bedroom 2.5 bath 2019 built Barndominium sitting on 1.389 acres in Gilmer ISD. Walk in the front door and relax in the living kitchen combo with high vaulted ceilings and head down the hall leads to the two bedrooms with ensuite bathrooms. Home features high end amenities and quality construction. The shop is connected to home and is currently being used as a hobby auto shop that boast an office and half-bath with overhead doors on both sides for easy pull thru for your boat, equipment etc. Shop area could be used as a home business or could be built out to add additional bedrooms. Property is conveniently located within minutes of Gilmer and Pittsburg and 30 minutes from Longview.
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20077328
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