118 Lakeview Drive
About This Property
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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 13, 2021 | Sold | ||
| Sold | |||
| Jan 9, 2021 | Listed by Metropolitan Homes | $90,000 | |
| Listed by Metropolitan Homes | |||
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Rare find - WATERFRONT property. Peaceful and quiet living on Lake Chenango can feel like resort all year around. This Lot is lightly wooded, 1.048 acre lakefront property can be your homesite. Adjacent to Chenango Park and boasts one of the best panoramic views of the lake and its magnificent sunsets. Deed restricted Chenango Ranch is just a short drive to Angleton, Pearland, The Med Center, and the beach, and will be minutes from the proposed Grand Parkway. Horses are allowed. Build your home on this lot!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017