88 Nassau Lane
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 10, 2022 | Sold | ||
| Sold | |||
| May 2, 2022 | Listed by Key 2 Texas Realty | $189,000 | |
| Listed by Key 2 Texas Realty | |||
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Charming bungalow w/ a lakeview located in Texas' Best Kept Secret... Hilltop Lakes! Orginially designed by A&M architect students, this meticulously maintained home boasts a lovely open floor plan w/ cozy bed room, updated bathroom w/ walk in shower, large walk in closet, wood burning stove, flex room, fenced yard, storage shed w/ work bench (could also be used as boat storage), greenhouse, and screened in cantina w/ deck and fireplace for an afternoon cocktail! Enjoy a round of golf for 4, a swim in the Texas shaped pool, fishing and swimming in the 5 lakes, tennis, watching the horses at equestrian center, disc golf, putt-putt with friends, and so much more! You've got to see this gem in person...it will not last long!!Measurements are approximate. All measurements and square footage to be verified by buyer.
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| Feb 25, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by Re/Max Property Group | $139,000 | |
| Listed by Re/Max Property Group | |||
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Charming bungalow w/ a lakeview located in Texas' Best Kept Secret... Hilltop Lakes! Orginially designed by A&M architect students, this meticulously maintained home boasts a lovely open floor plan w/ cozy bed room, updated bathroom w/ walk in shower, large walk in closet, wood burning stove, flex room, fenced yard, storage shed w/ work bench (could also be used as boat storage), greenhouse, and screened in cantina w/ deck and fireplace for an afternoon cocktail! Enjoy a round of golf for 4, a swim in the Texas shaped pool, fishing and swimming in the 5 lakes, tennis, watching the horses at equestrian center, disc golf, put-put with friends, and so much more! You've got to see this gem in person...it will not last long!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017