731 Leftys Circle #8
About This Property
Sublease with $4,200 annual lease includes mowing, water, and trash.
The manager has listed the unit size as 880 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 1, 2025 | No longer available | - | |
| No longer available | |||
| Sep 18, 2024 | Price Decreased |
$39,900
↓ $25K
(38.6%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed | $65,000 | |
| Listed | |||
| | |||
|
Ready for your renovations and personal touch! Waterfront views from the porch of this hidden gem cottage in Lefty's Camp. This is a great opportunity to fix up and make this 2 bed 1 bath cottage your own OR bring in a NEW Lake Home! A perfect place for weekend getaways and memories made. Enjoy some of the best fishing, boating and amazing sunsets right from your own porch. Home sits on the edge of a quiet cove just off the east side of Possum Kingdom Lake. Home is sold AS-IS, it does need repairs. Bring your offer! This is a sub-lease with one of the most affordable annual lease rates available. $4200 annual lease includes mowing, water and trash service. No STR's.
| |||
| Aug 25, 2023 | No longer available | - | |
| No longer available | |||
| Aug 8, 2023 | Listed | $67,800 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/15/2024
|
2 Bed
|
-
|
887 ft²
|
$30,000
2 Bed
-
887 ft²
|
$25,000
-16.67%
05/31/2024
|
Jo Lynn Miller
Lake Homes Realty, LLC
| |
|
03/14/2024
|
2 Bed
|
-
|
880 ft²
|
$65,000
2 Bed
-
880 ft²
|
-
-
|
Nena Patterson
Madewell Real Estate Company
| |
|
02/28/2024
| |
2 Bed
|
1 Bath
|
880 ft²
|
$65,000
2 Bed
1 Bath
880 ft²
|
-
-
|
Nena Patterson
Madewell Real Estate Company
|
|
08/08/2023
|
2 Bed
|
1 Bath
|
880 ft²
|
$67,800
2 Bed
1 Bath
880 ft²
|
-
-
|
Kerri Schoovelt
Madewell Real Estate Company
| |
|
03/09/2023
|
2 Bed
|
-
|
728 ft²
|
$55,000
2 Bed
-
728 ft²
|
$48,000
-12.73%
06/15/2023
|
Julie Cook
Realty Of America, LLC
| |
|
01/25/2023
| |
2 Bed
|
1 Bath
|
880 ft²
|
$68,500
2 Bed
1 Bath
880 ft²
|
-
-
|
Kerri Schoonvelt
Keller Williams - Lubbock
|
|
07/20/2022
|
2 Bed
|
1 Bath
|
728 ft²
|
$68,800
2 Bed
1 Bath
728 ft²
|
-
-
|
Julie Cook
Realty Of America, LLC
| |
|
03/19/2022
|
2 Bed
|
-
|
880 ft²
|
$79,900
2 Bed
-
880 ft²
|
$50,000
-37.42%
06/15/2022
|
Lesa Pawley
Bonita Realty Team
| |
|
12/06/2021
|
3 Bed
|
-
|
1152 ft²
|
$110,000
3 Bed
-
1152 ft²
|
$87,000
-20.91%
01/07/2022
|
Kara Miller
Berkshire HathawayHS Pondera
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
960 ft²
|
-
2 Bed
2 Bath
960 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017