Lot 74 Mockingbird Bend
About This Property
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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 |
|---|---|---|---|
| Feb 28, 2024 | No longer available | - | |
| No longer available | |||
| Feb 19, 2024 | Listed by The Brokerage Residential LLC | $215,000 | |
| Listed by The Brokerage Residential LLC | |||
| | |||
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A rare find, this 4.75 acres in the sought after gated community of Gaines Bend at Possum Kingdom Lake close to the marina is an ideal building site. This build sit has lake views and plenty of room to expand. Build your dream lake getaway in this private lakefront community. You will have access to two neighborhood boat ramps, a marina and courtesy docks.
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| Sep 2, 2022 | Sold | ||
| Sold | |||
| Jun 6, 2022 | Listed by Briggs Freeman Sotheby's Int'l | $238,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017