11801 Eriksen Drive
About This Property
Impeccably maintained, with newer warranted windows and new roof, this retreat is ready to move in an enjoy!
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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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by RE/MAX Platinum | $639,000 | |
| Listed by RE/MAX Platinum | |||
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Experience lakeside living at its finest with this exceptional waterfront property. Set along a serene canal with direct access to Base Line Lake on the Portage chain of lakes, this beautifully updated home offers a perfect blend of comfort and convenience. This expansive deck which runs the length of the house is perfect for entertaining or simply relaxing while enjoying the scenic water views. A private boat dock provides convenient access to the lake, making it easy to enjoy boating, fishing, or other water activities right from your backyard. Step inside to discover a beautifully updated interior designed for modern living. The open floor plan features large windows, and abundant natural light that creates a warm and inviting atmosphere. Elegant hardwood floor flows throughout the main living areas, while a stylish gas fireplace adds a touch of coziness to the lower level family room.
The efficient kitchen is a culinary delight, equipped with stainless steel appliances and sleek granite countertops. An snack bar provides additional prep space and seating, making it a central hub for both cooking and socializing.
Bedrooms and Bathrooms: This home features four generously sized bedrooms, each designed with comfort and style in mind. The additional bathrooms are thoughtfully updated with modern fixtures and finishes to ensure convenience and enjoyment.
Outdoor Space: The expansive deck is a standout feature of this property, offering panoramic views of the canal and Base Line Lake. Whether you're enjoying a quiet evening under the stars or hosting a lively summer gathering, this outdoor space is perfect for making the most of lakeside living.
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| Sep 6, 2024 | Listed by RE/MAX Platinum | $639,000 | |
| Listed by RE/MAX Platinum | |||
| Jul 3, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017