11452 Letches Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 26, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Five Star Real Estate | $374,900 | |
| Listed by Five Star Real Estate | |||
| | |||
|
This adorable lake home has so much to offer. From fantastic sunsets overlooking the lake on the two tiered deck, to cozy evenings roasting marsh mellows down by the water. Do you like to fish, swim, kayak? Maybe you are looking for a peaceful place to read a book or enjoy nature after a long day at work. If any of these things sound appealing to you this could be you next move. The home is nicely decorated and lovingly cared for. The kitchen has a center island, butcher block countertops and a large pantry. Sliders off the living room bring in natural light and offer access to the deck. Primary bedroom has private full bath, walk in closet, vaulted ceiling, heated floors, laundry area and access to the deck. Rounding out the main floor is a dining room, 2nd bedroom, 1/2 bath and a cozy office. There is a partial walkout basement which is good for storage. The boat house is a great addition for family or friends that want to sleep over. The sellers have converted most of the space to a bedroom with a loft, and added a small deck overlooking the lake.
The back yard is partially fenced. Across the street you will find a deep lot with a pole barn, that has a cement floor. Park your vehicles there, or store your boat and lake accessories.
| |||
| Sep 1, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Miller Real Estate | $245,000 | |
| Listed by Miller Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017