124 Silver Lake Rd
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 |
|---|---|---|---|
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by RE/MAX Innovative Properties | $619,900 | |
| Listed by RE/MAX Innovative Properties | |||
| Mar 9, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $529,000 | |
| Listed | |||
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You won't find another completely renovated 3,478 SF multi-level home on 150' of Silver Lake waterfront for sale in Hollis! Don’t miss out on this rare opportunity! New kitchen appliances, maple cabinets and granite counter tops, 4 renovated bathrooms, newer roof, new septic, windows, flooring, plumbing, front porch, and lots of custom wood working including a see-through bookcase with fish tank and custom storage around the fireplace. The second story includes a full bath with laundry, and three very large bedrooms, each with its own large walk-in closet. The 19x23 Master en suite boasts a wall of windows to the lake. Be inspired in the bonus room for office/studio/crafts/sewing use; also, overlooking the water. This home features a full "Lake Life" bar facing the water with large picture windows throughout and a balcony. The walk-out basement to the back deck includes your own sauna to relax in. Enjoy ample accessory parking across the street at the State Park. It will be difficult to choose your favorite room in this house. Direct access snowmobile and hiking/biking trails from the property. You won't believe the potential for entertaining with a house length deck/boat dock to enjoy swimming, fishing, ice skating, snowmobiling and more. The site assessment is available.The manager has listed the unit size as 3478 square feet.
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| May 8, 2017 | Listed by RE/MAX Innovative Properties | $499,000 | |
| Listed by RE/MAX Innovative Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017