108 VAUSE LAKESIDE Way
About This Property
The price is right on this waterfront property located in Hawthorne on Vause Lake. Great features include 2 bedrooms (non-conforming), 1 bathroom, vinyl floors throughout, open casual living room, sunny kitchen with appliances to include: refrigerator & electric range (all appliances & furniture stay with property), covered porch overlooking lake, shed, fruit tree, concrete boat ramp, dock, metal roof. Vause Lake(Also Known as Lake Fanny) is a white sandy bottom, all purpose lake and is approximately 93 acres.
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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 |
|---|---|---|---|
| Oct 23, 2017 | Sold | ||
| Sold | |||
| Dec 14, 2016 | Listed by HELEN HERSEY REALTY | $48,000 | |
| Listed by HELEN HERSEY REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017