106 Out Road
About This Property
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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 |
|---|---|---|---|
| Aug 3, 2020 | Sold | ||
| Sold | |||
| Nov 10, 2019 | No longer available | - | |
| No longer available | |||
| Apr 18, 2019 | Price Decreased |
$239,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Oct 30, 2018 | Listed by Keller Williams - Portsmouth | $249,000 | |
| Listed by Keller Williams - Portsmouth | |||
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Welcome to the sought-after community of Shady Nook! This year-round property allows you to ?get away? every time you arrive home. Come enjoy the breeze off Balch Lake while listening to the pine trees sway from your back porch. Walk along the quaint community road to the Recreation Center and play a round of tennis or a game of basketball. Bring your boat along and launch it at the private marina. This three-bedroom, 1 bath has ample space to entertain in. Cozy up to the wood burning fireplace in the colder months and nestle in to a winter wonderland in the Kingdom in the Pines. In the summer, boat and swim right from your own personal 54? of waterfront, with dock and boat house included! Swim, bike, hike, fish, cross-country ski, snowmobile, you name it ? every recreation is available to you at this lakeside retreat. And the best part is you can live there year-round ? no need to close-up when summer is over! Come enjoy all four New England seasons in this lake community.
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| Oct 2, 2018 | Listed by KW Coastal and Lakes & Mountains Realty | $239,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017