106 LEE DR
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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%.
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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.
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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 23, 2023 | Sold | ||
| Sold | |||
| Feb 3, 2023 | Listed by Coastal Realty Maryland | $800,000 | |
| Listed by Coastal Realty Maryland | |||
| Oct 17, 2021 | No longer available | - | |
| No longer available | |||
| Aug 11, 2021 | Listed by Coastal Realty Maryland | $799,000 | |
| Listed by Coastal Realty Maryland | |||
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WATER ORIENTED HOME! Superior construction and fantastic community. Stylish bay windows, radiant hardwood floors on 1st and 2nd floors. Second floor laundry and duel zone HVAC. 1st fl. BD, & ample storage space highlight the bright interiors. An open concept LR set off of a Gourmet kitchen boasting 2 pantries, 42 inch upgraded cabinets, an island & SS appliances. Separate DR for entertaining. Ascend to your MBD boasting dual WICs & a spa-like MBA w/ a jet soaking tub and a 5' marble shower. Fully finished LL w full bath. Basement level has high ceilings and great day light. Has many useful purposes. Great rear deck to host many fun nights! RV and boat storage space, which is allowed by HOA and only 1/4 mi to boat ramp. AND!! detached 2 car garage with bonus / craft room. electricity- very rare in Hillsmere. Boat ramp fee is only $50.00 a year. Boat slips may be available for very reasonable cost. Work and play in class! Live and play- beach, pool, kayak storage, tot lot,, picnic areas, marina, walking distance to library- a great place to live! The manager has listed the unit size as 2491 square feet.
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About Hillsmere Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017