877 Lakeside Drive
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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 |
|---|---|---|---|
| Aug 23, 2024 | No longer available | - | |
| No longer available | |||
| Mar 22, 2024 | Listed by Su Kaza Realty, LLC | $75,000 | |
| Listed by Su Kaza Realty, LLC | |||
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Welcome to your chance to create your dream home in Rockwall! This vacant lot is ready for development, close to Rockwall Lake, highways, shopping, and dining. This vacant lot has it all - convenience, charm, and affordability! Note: this property falls in Flood Zone A, requiring coordination with FEMA and the City of Rockwall before construction. But with proper planning, this lot's potential can be realized. Don't miss out on this opportunity to build in Rockwall—a location offering convenience and promise.
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| Jul 13, 2023 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by Coldwell Banker Apex, REALTORS | $35,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Vacant Lot ready to be developed! NOTE this lot is located in the flood plain ZONE A and will require proper steps with FEMA and the City of Rockwall to get the property out of the flood plain prior to any construction of any kind.
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| Jan 25, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017