119 Lakepoint 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 |
|---|---|---|---|
| Nov 8, 2021 | Sold | ||
| Sold | |||
| Aug 30, 2021 | Listed by POINTE REALTY GROUP LLC | $13,000 | |
| Listed by POINTE REALTY GROUP LLC | |||
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MERIFIELD ACRES lot for your home! This wooded lot does have an easement along the side to allow you to go down to Kerr lake right from your lot. Or you can head over to Oak Park & stroll down the path to the water's edge & community Dock. Merifield Acres is a sought after community. Amenities include: miles of roads to walk, bike or jog, SHENTEL for High Speed Internet, Tennis. There is a playground @ the Community area. Nearby Golf at Kinderton & close to Clarksville On The LAKE
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| Aug 3, 2021 | No longer available | - | |
| No longer available | |||
| Mar 12, 2020 | Relisted | $15,000 | |
| Relisted | |||
| Mar 11, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017