0 Lakeshore Dr
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 |
|---|---|---|---|
| Aug 16, 2023 | No longer available | - | |
| No longer available | |||
| Jun 28, 2023 | Price Decreased |
$75,000
↓ $5K
(6.3%) | |
| Price Decreased | |||
| Feb 21, 2023 | Listed by Realty Negotiations, LLC | $80,000 | |
| Listed by Realty Negotiations, LLC | |||
| | |||
|
Lot zoned Res A. Lot is twice minimum lot sized and will meet minimum lot frontage, front yard, side & rear yard as well as minimum lot width requirements. Property is deemed residential developable land per public record and resides along Lake Shore Drive, this is an excellent opportunity to purchase a developable lot and build an exceptional property with easy views to Lake Watatic. All details in listing pulled from the existing public record, Buyers advised to review attached items.
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| Oct 15, 2018 | Sold | ||
| Sold | |||
| Aug 28, 2018 | Listed by Hearne Realty Group | $48,000 | |
| Listed by Hearne Realty Group | |||
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