122 Shoreline Circle
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 |
|---|---|---|---|
| Jul 28, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Ebby Halliday Realtors | $825,000 | |
| Listed by Ebby Halliday Realtors | |||
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Back on the market through no fault of property - Buyer's financing fell through. WOW! Spectacular deep open-water views! A-frame style lakefront features 5 sleeping areas: 3 BRs, a loft, and porch-side 4-season room plus 2 BAs– on a quiet cul-de-sac just minutes from everything. Vaulted, open LIV-DIN-KIT area with FP offers panoramic views & a shaded spacious, covered deck. This home has been updated with granite, SS appliances, a 6-burner cooktop, 2 DWs, 2 ovens, and 2 sets of W&D. Boathouse features 2 large boat slips on deep water. No sign in the yard. This lake home has been a successful vacation rental for 7 years! It has a 5-star rating with 140 reviews!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017