1062 Lake View Drive
About This Property
Discover this exceptional waterfront residence boasting unparalleled views and unique features. The kitchen is a standout with a double oven, smooth top stove with a pot filler, and lovely granite countertops. Enjoy energy-efficient living with oak built-ins in the office, complemented by a primary suite on the main level and a sunroom perfect for relaxation or entertaining. Upstairs, find a spacious game room perfect for family movie night. Ample storage includes an unfinished Texas basement and an oversized garage. Outdoor amenities feature a boat slip, two covered outside patios and a large open full length balcony. This home is wired for surround sound and offers a blend of tile and carpet flooring throughout.
For a detailed viewing or more information, please contact us.
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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 26, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by Keller Williams Advantage Realty | $870,000 | |
| Listed by Keller Williams Advantage Realty | |||
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About Cape Conroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017