118 GARNET PLACE
About This Property
Outside, you'll find a great mix of open usable yard and wooded privacy. A large portion of the cleared homesite is fenced, with plenty of room to spread out and make use of the surrounding acreage.. The property also includes a detached storage building, covered carport, and mature trees. Located outside the incorporated Town of Interlachen with no HOA.
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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 18, 2026 | Listed by STEWART REALTY & MANAGEMENT, LLC | $384,000 | |
| Listed by STEWART REALTY & MANAGEMENT, LLC | |||
| Jul 8, 2021 | Listed by REMAX LEADING EDGE | $350,000 | |
| Listed by REMAX LEADING EDGE | |||
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| May 22, 2021 | Listed by BALDWIN FAMILY REALTY LLC | $385,000 | |
| Listed by BALDWIN FAMILY REALTY LLC | |||
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Traditional Single Family Home situated on 4.27 acres mostly wooded, with approx. 1 acre fenced & large Utility Shed. Enjoy the abundance of wild life. Just off the foyer is an inviting diningroom, across from the diningroom is the office/den which could be converted to a 5th bedroom. Down the left hallway you will find 2 lg bedrooms and a bathroom w/ Shower. Back at the foyer to the right, Kitchen is to the left & laundry room to the right. Laundry room has plenty of storage space. The Master Bedroom is too the right. This room has french doors leading out to the FL room. Master bath has a walk in shower. The kitchen has stainless appliances, plenty of cabinet space. The livingroom has a fireplace to enjoy. Down the hall to the left is a 3rd bathroom and 4th bedroom.
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| Jul 6, 2016 | Sold | ||
| Sold | |||
| Apr 5, 2016 | Listed by STEWART REALTY & MANAGEMENT, LLC | $139,000 | |
| Listed by STEWART REALTY & MANAGEMENT, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017