10914 Crossview Lake Drive
About This Property
Exquisite stucco & stone home nestled on one of the largest (almost 3/4 acre) lakefront lots in Towne Lake. Design details include 3 bedrooms, 3.5 baths, flex room (4th bedroom or media/game room), study, formal dining, unique & enchanting iron arched entry to wine grotto w/stone walls and ceiling, 4 car garage w/epoxy, 6 security cameras & an abundance of natural light and unobstructed lake views. You will be welcomed w/ double iron doors, professional landscaping, premium hardwood floors, plantation shutters, soaring ceilings, & custom built-ins. Gourmet granite island kitchen is state-of-the-art w/ towering cabinetry, double oven & breakfast bar. The luxurious owner's suite boasts separate closets, double vanities, soaking tub & frameless shower. The covered patio features wood panel ceilings, outdoor kitchen w/ ample seating to enjoy dinner & sunsets over the lake.
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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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed by RE/MAX Compass | $950,000 | |
| Listed by RE/MAX Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017