118 Crestline Drive
About This Property
The property is unimproved and wooded, with varied terrain and mature vegetation.
Lakewood features paved private roads and underground utilities. A private well and septic system will be needed. The property is subject to Lakewood association dues and community building restrictions.
Enjoy the privacy of a wooded cul-de-sac setting while remaining convenient to Marion and the Lake James area. Buyers should independently verify utilities, septic suitability, building requirements, association requirements and intended use.
Lot 90 | 5.79 acres | Crestline 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 |
|---|---|---|---|
| Sep 28, 2026 | Listed by Beycome Brokerage Realty LLC | $36,900 | |
| Listed by Beycome Brokerage Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017