812 Lake Road
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%.
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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.
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 12, 2024 | Sold | ||
| Sold | |||
| Jan 13, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2023 | Listed by Coldwell Banker Ultimate | $547,812 | |
| Listed by Coldwell Banker Ultimate | |||
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This outstanding residence at 812 Lake Road is a prime example of Lake Jackson’s midcentury modern movement. Midcentury modern architecture leans heavily on the concept that good design must be accessible, functional and follow an indoor/outdoor connection. As you view the back of this 2.045 acre lakefront homesite, that connection is noticeably apparent. This midcentury styled home consistently remains an influence as one of the Lake Jackson favorites. A nod to nostalgia, and in part, as an affection for traditional design this home boast dramatic touches and infinite possibilities. This beauty offers oversized rooms, and a major renovation, four spacious bedrooms and three full baths. Moreover, this great home has a history of hosting magnificent parties and family gatherings but is now a place that you can call home. The past meets the present in a stunning and a lake front picturesque way at 812 Lake Road. WOW!
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| May 27, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by Birdsong Real Estate | $399,900 | |
| Listed by Birdsong Real Estate | |||
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AMAZING OPPORTUNITY TO MAKE THIS BEAUTIFUL LAKEFRONT PROPERTY ON 2 ACRES YOURS! THIS MODERN MID CENTURY HOME HAS THE BEST VIEWS OF LAKE SEALY AND IS MADE FOR ENTERTAINING! THE OCTAGON SHAPED LIVING,DINING AND KITCHEN AREAS OFFER LARGE WINDOWS THAT LOOK OUT TO THE LAKE, WOOD BEAMS, LOTS OF BUILT INS, WET BAR & WOOD BURNING FIREPLACE. IT ALSO OFFERS 2 BEDROOMS, 2 FULL BATHS AND A 3 CAR GARAGE. DON'T MISS YOUR CHANCE, CALL US TO SEE TODAY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017