9065 Lacy Court
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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2020 | Listed by Lake Homes Realty, LLC | $65,000 | |
| Listed by Lake Homes Realty, LLC | |||
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This hidden gem of a property feels like you've escaped way out to nowhere, but it's just a half hour or less from the city limits of Graford or Graham! Perched on the shore line of Rock Creek where it flows into Possum Kingdom Lake, it's a beautiful spot for experiencing the outdoors in all seasons with approximately 85' of water frontage. Ideal for the outdoor enthusiast ~ add a cabin, RV, or tent and enjoy being close to nature - fishing, bird watching, star gazing - pure relaxation! There is already a concrete slab on the lot, so set up should be simple! The land is currently leased ($2060 per year), but a deed purchase is possible in the future. This is the last unimproved lot on Lacy Ct, don't wait!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017