8212 Clearwater CV
About This Property
This lot has an excellent location in Lago Vista near the major shopping locations in town, both the middle and intermediate schools, Balcones Canyonlands Wildlife Refuge, and Sunset Park. Ownership of this lot makes you a member in the Lago Vista Property Owners Association with access to 9 private waterfront parks, basketball court, boat ramps, campground, disc golf course, fishing well, fitness center, hiking trail, marinas, pavilions, pool, tennis courts, pickleball courts, playgrounds and more! Build when you are ready, no timeline restrictions in force. Buyer and buyer's agent to confirm all information, including potential utility extension costs, independently. No survey available.
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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 |
|---|---|---|---|
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by KS & Associates Realtors | $19,000 | |
| Listed by KS & Associates Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017