115 Lago Circle 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 |
|---|---|---|---|
| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by eXp Realty, LLC | $629,900 | |
| Listed by eXp Realty, LLC | |||
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Gorgeous waterfront home w/ pool & boat house. This Gorgeous home sits on a 1+ acre lot located on a famous world championship qualifying ski lake. It is located in a Quiet Gated Community that is conveniently located 4 min from I-45. This custom built home has a gourmet kitchen w/stainless appliances, granite countertops, and built-ins galore,. The huge primary bedroom has a sitting area w/ view of the lake. Spacious living room has incredibly tall ceilings and huge light filled windows. Beautiful crown molding, insulated windows, extra insulation in attic. Large Lakefront Back Yard has plenty of Entertaining Space, a pool/spa, rock waterfall, & an out door kitchen! Very private lot with large spaces between the homes. RV garage and much much more. New roof 2018. Pool resurfaced 2018. HVAC 2014 and 2017. Just had a/c maintenance in 2022.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017