9
Map
116 LAKE EDGE Trail
About This Property
Step out onto the spacious back porch and take in serene views of the lake, or cast a line from your own fish house just steps away. Inside, enjoy an open layout ideal for both relaxing and entertaining, with warm finishes and a modern yet cozy feel. Whether you're looking for a full-time residence or the perfect weekend retreat, this home is your lakeside haven.
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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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Sep 7, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by MARK SPAIN REAL ESTATE | $215,000 | |
| Listed by MARK SPAIN REAL ESTATE | |||
| Mar 5, 2025 | No longer available | - | |
| No longer available | |||
| Nov 30, 2024 | Price Decreased |
$239,500
↓ $9K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017