106 Forest Lake Drive
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by LPT Realty, LLC | $172,000 | |
| Listed by LPT Realty, LLC | |||
| | |||
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Stunning waterfront home in an active 55+ community where you OWN the land.
This well-maintained property makes it a perfect place making it perfect for both a vacation or your fulltime home. Enjoy peaceful water views right from your back door with your own private deck. The home features indoor laundry, built-in storage, a spacious family room, and an open kitchen with a cozy breakfast nook. There's also a bonus room that extends from the kitchen, perfect for extra space or a home office. The Seawall was recently replaced.
Located in a gated community with a swimming pool, shuffleboard, clubhouse, and numerous activities, all with a low HOA fee. RV and boat storage is also available on a first-come, first-served basis. Conveniently located near shopping, medical facilities, beaches, Interstate 95 and the airport.
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| Dec 28, 2022 | Sold | ||
| Sold | |||
| Nov 4, 2022 | Listed by HouseMax Pro Realty | $128,000 | |
| Listed by HouseMax Pro Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017