12 Sears Island 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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Janice Mitchell R.E., Inc | $249,900 | |
| Listed by Janice Mitchell R.E., Inc | |||
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Rare WATERFRONT opportunity! Cozy ranch style home offered on Indian Lake. This fully operational lakeside retreat is ready for you. May it be your weekend getaway, your summer cottage, or your year round home, you can enjoy waterfront, island life right in the heart of Worcester. Enjoy your morning coffee, or dinner on the deck as you overlook your private dock and expansive water views. This home offers 2 bedrooms, full bath, a fireplaced living room, eat in kitchen, spacious deck, attic, vinyl siding, privacy fencing and storage sheds. Property is being sold 'AS-IS'.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017