1101 Lake Drive
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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 |
|---|---|---|---|
| Jan 23, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed by Mega Real Estate Services | $1,224,995 | |
| Listed by Mega Real Estate Services | |||
| Jan 16, 2017 | Listed by Premier Estate Properties, Inc | $1,224,995 | |
| Listed by Premier Estate Properties, Inc | |||
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Stylishly remastered in a recent total renovation, this Mid-Century South Florida estate overlooks Lake Ida from its lovely setting across from a serene lakefront park. Clean-lined design elements and beautiful finishes combine in the light open interiors joining to the terrace with saltwater pool. The living room’s relaxing gathering space has a wood-burning fireplace in the brick accent wall.
SEE MORE DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering into a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Buyer pays title insurance, Florida documentary stamps, and all other closing costs for New Construction and land use. Copyright 2016 Listing Company. All Rights Reserved.
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| Feb 19, 2014 | Sold | ||
| Sold | |||
| Nov 22, 2013 | Listed by Mega Real Estate Services | $551,000 | |
| Listed by Mega Real Estate Services | |||
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About Lake Ida Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017