111 Larimar Drive
About This Property
Hardwood floors throughout the main floor provide a sophisticated touch, pre-wired surround sound system would allow you to enjoy your favorite music or movies in every room. The walk-out deck from the living room is a great spot to take in the breathtaking lake views and enjoy the fresh breeze.
Entertain guests effortlessly in the lower level family room with the wet bar featuring granite counter tops and a wine fridge. The expansive outdoor patio is designed to impress with its convenience and stunning views of Lake Erie.
The master suite is a peaceful retreat. Master bath boasts a custom tiled shower, dual sinks, soaking tub, large walkin closet and many other upgrades. Views of the lake and landscape are sure to start your mornings on the bright side.
Whether you're relaxing inside or enjoying the outdoor space, this townhome offers a luxurious, comfortable, and maintenance free living on Lake Erie. Hurry before it's gone.
The manager has listed the unit size as 2793 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 21, 2023 | No longer available | - | |
| No longer available | |||
| Jul 20, 2023 | In contract | - | |
| In contract | |||
| Jul 14, 2023 | Listed | $625,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/14/2023
| |
3 Bed
|
3.5 Bath
|
2793 ft²
|
$625,000
3 Bed
3.5 Bath
2793 ft²
|
-
-
|
William Bissett
HomeSmart Real Estate Momentum LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017