1109 LAKE Street
About This Property
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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%.
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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.
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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 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $1,750,000 | |
| Listed | |||
| | |||
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A magnificent blend of traditional style and California ease, this well-appointed turnkey home features an open single-story floor plan leading to a large private pool with ample space for entertaining. Large windows and skylight offer an abundance of natural light while hardwood floors and a cozy fireplace deliver warmth and ease to this contemporary sanctuary. Features include a newly renovated kitchen with cedar center island, stainless steel appliances and under cabinet LED lighting. The indoor-outdoor flow of this home epitomizes the Southern California lifestyle. Transition to one of four cozy bedrooms all on a single level with hardwood floors and views outside. Conveniently located to Penmar Park and many new shops, restaurants and cafes along Rose Avenue and Lincoln Blvd. The manager has listed the unit size as 1640 square feet.
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| Mar 16, 2018 | Listed by The Agency | $1,750,000 | |
| Listed by The Agency | |||
Property Highlights
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017