This is what lake life is supposed to feel like. Start your day by
wetting a hook, end it w/sunset views over open water, big fish
tales & a smile after another fun-filled day on the water. This
FURNISHED 3/3/2 waterfront home w/BOAT HOUSE offers updated
interiors, flexible living spaces & an owner's retreat designed to
make staying in pretty tempting. It's complete w/a kitchenette,
sitting area, spa-like ensuite & glass doors to a wide deck
w/panoramic water views. Outside, enjoy multiple spots to entertain
or relax, from the back deck to a long private pier w/boat lifts,
gear storage & a finished boathouse w/flex space for relaxing or
entertaining on the water. Updates include a 2023 remodel w/2 car
garage & interior addition, 2022 A/C & furnace, 2023 roof & steel
bulkhead, 2024 dock, + recent water heater, refrigerator, electric
range & fencing. Neighborhood park, pool & boat ramps + nearby
Onalaska City Park w/a pavilion, dog park & more. Your lake life
era could start right here.
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.
IMPALA WOODS WATERFRONT 2/2 A frame (2 lots) on the Lake, Approximately 63' of waterfront, full of charm and possibilities. Additional boat house with plenty of storage for all your goodies and a nice Man cave/She shed or guest quarters at the top, 1 single jet ski left, 1 double jet ski lift as well as a boat lift. Lots of Decking for outdoor entertainment, fish cleaning area and a beautiful screened in porch to just sit back and relax. front entrance has small carport and circle drive. Community accommodations include subdivision pool, community building, large children's park, lake fed pond, picnic areas, double boat launch and more.
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