4
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985 Deer Run Pass
About This Property
Listed By
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 22, 2026 | Listed by Keller Williams Heritage | $40,000 | |
| Listed by Keller Williams Heritage | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 30, 2025 | Price Decreased |
$45,000
↓ $5K
(10%) | |
| Price Decreased | |||
| Apr 3, 2025 | Price Decreased |
$50,000
↓ $5K
(9.1%) | |
| Price Decreased | |||
| Feb 21, 2025 | Listed by Keller Williams Heritage | $55,000 | |
| Listed by Keller Williams Heritage | |||
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This beautiful Hill Country lot offers a great setting for your next home or a cozy weekend retreat. Situated in a well-established, peaceful neighborhood, you'll enjoy the serenity of country living while being just minutes from the Lake. The property features a desirable build site, ideal for both custom homes and manufactured homes. With electricity and water readily available, this is the perfect opportunity to embrace the Hill Country lifestyle. Don't miss out on making this beautiful property your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017