8810 Catamaran Way
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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 |
|---|---|---|---|
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Aug 27, 2022 | Listed by eXp Realty, LLC | $170,000 | |
| Listed by eXp Realty, LLC | |||
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Great opportunity to get into Ridgelake Shores with an excellent lot. Come build your dream home in one of the most desired acreage communities Montgomery has to offer! Ridgelake Shores offers 2 stocked fishing lakes, a park, pavilion, and basketball hoops. The lot is a rectangle with approx. 128 ft of width and a dept of 350 ft. Survey shows no fault lines and only a 15' utility easement in the rear. Seller also has a completed soil report.
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| Feb 22, 2019 | Sold | ||
| Sold | |||
| Feb 6, 2019 | Listed by The Property Source | $88,000 | |
| Listed by The Property Source | |||
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Owner/agent. Come build your dream home in one of the most desired acreage communities Montgomery has to offer! Ridgelake Shores offers 2 stocked fishing lakes, a park, pavilion, and basketball hoops. This rectangular lot has been underbrushed to show the layout but the owners left a border on both sides and back of the lot for privacy.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017