10318 Northlake Circle
About This Property
Extremely RARE opportunity to make this beautiful waterfront home on Cedar Creek Lake in the Northlake Estates your forever home! This home features 4 bedrooms, 3 bathrooms, 2 living areas, dining room, breakfast nook, sunroom, detached 2 car garage and an additional shed with own separate entrance. Newly installed granite in kitchen, newly installed kitchen sink and faucet. All bathrooms have new vanities. Ceilings fans in every room. And the new deck in the back is just waiting for some entertainment to happen. Not to mention the dock that goes out to the water where you can take in the serene surroundings and exceptional views of the beautiful lake.
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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 |
|---|---|---|---|
| May 21, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by Kimberly Adams Realty | $320,000 | |
| Listed by Kimberly Adams Realty | |||
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MULTIPLE OFFERS. FINAL AND BEST BY APRIL 26, 5PM.
Extremely RARE opportunity to make this beautiful waterfront home on Cedar Creek Lake in the Northlake Estates your forever home! This home features 4 bedrooms, 3 bathrooms, 2 living areas, dining room, breakfast nook, sunroom, detached 2 car garage and an additional shed with own separate entrance. Newly installed granite in kitchen, newly installed kitchen sink and faucet. All bathrooms have new vanities. Ceilings fans in every room. And the new deck in the back is just waiting for some entertainment to happen. Not to mention the dock that goes out to the water where you can take in the serene surroundings and exceptional views of the beautiful lake.
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About Northlake Estates
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14558158
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017