LOT 80 Tri Lake Estate 01
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 |
|---|---|---|---|
| Jun 3, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by Douglas Elliman Real Estate | $49,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Beautiful, oversized lot in tranquil Tri Lake Estates. 9,999.14 sqft lot per survey. Buy now and build later - or build your perfect dream home or 2nd home/country getaway to leave the hustle and bustle behind. Just a short walk to the community lake to enjoy some fishing or relaxing by the water. Montgomery ISD-close proximity to schools. All the peace and serenity of country living with all the modern conveniences close by!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017