LOTS 9&10 Peninsula Point
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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 |
|---|---|---|---|
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2020 | Listed by The Real Estate Broker | $159,995 | |
| Listed by The Real Estate Broker | |||
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* FISHERMAN'S & ENTERTAINER'S PARADISE! * Build Your Dream Home on this Water-Front approx. 16,191 SQ.FT. (Approx. 0.3716 Acres) Lot on a Canal with Lake Conroe Access! APPROX. 225FT LAKE WATERFRONT! Cul-de-Sac Lot! Boat Houses & Boat/Jet Ski Lifts are Allowed! Beautiful Sunrises/Sunsets. Catch Fish right from the Lot or Cruise out to the Lake on your Jet Ski or Boat to Enjoy Boating, Fishing, Water Skiing, Water Tubing, Jet Skiing & More! Developed Gated Community with neighborhood Boat Launching Docks, Pools, Parks, Tennis Court, Basketball Court, Play Areas with Swings, Picnic Areas with BBQ Grills & more! Near the Sam Houston National Forest. Easy Access to I-45.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 89991967
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017