1204 Lake View Drive
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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 11, 2020 | Sold | ||
| Sold | |||
| Jul 11, 2020 | Listed by William Palmer Properties | $119,000 | |
| Listed by William Palmer Properties | |||
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Rare opportunity to own a cleared waterfront lot ready to build within minutes of the exciting new Margaritaville. Lot has a bulkhead, a partial upper deck, pier and a covered boat slip with a boat lift. Low wake and deep water make this a winning combination. Approximately 1 mile off of Highway 105 and close to shopping, dining and MISD schools. Stanley Lake is within walking distance of this property. Community pool, park, pavilion, clubhouse and boat launch.
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About Cape Conroe
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$2,495 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017