74 W Point Drive
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by POINTE REALTY GROUP LLC | $40,000 | |
| Listed by POINTE REALTY GROUP LLC | |||
| Jul 15, 2023 | No longer available | - | |
| No longer available | |||
| Jul 5, 2023 | Listed by Pointe Realty Group Kerr Lake | $50,000 | |
| Listed by Pointe Realty Group Kerr Lake | |||
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MERIFIELD ACRES Lake access lot: this corner lot directly joins the U.S.Army Corps land to Kerr lake at the back of a Cove. Sorry, no room for a dock spot there BUT you have a PRVATE DOCK SPOT accessed at Community Oak Park. Enjoy the amenities of Merifield Acres: SHENTEL for High Speed Internet, miles of roads to walk, bike or jog, Tennis (Pickle Ball) Court. You are minutes to area Golf at Kinderton Country Club (enjoy aerobics in the pool too) & of course the small town charm of Clarksville On The Lake! Buy and add your dock now so you can start enjoying the lake while you build your Kerr Lake dream home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017