1339 Cascade E
About This Property
WOW! This is the one you have been waiting for! Welcome to the gates Meyers Lake! This one owner Builders Model has just undergone an EXTENSIVE rehab totaling over $80k in improvements including a partially finished basement complete with Bar & Half Bath in Feb 2024. All new high end light fixtures, professionally painted interior, new 8x12 concrete patio/ landscaped grounds that overlooks the beautiful Fountain & Waterfall and SO MUCH MORE!! Enjoy the lifestyle Meyers Lake offers with Private Lake with Lake Access, Clubhouse for the development to host private gatherings, gated and patrolled Development adds for extra security! Hurry on this one! Your new lifestyle awaits!
The manager has listed the unit size as 2419 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 28, 2024 | No longer available | - | |
| No longer available | |||
| Feb 13, 2024 | No longer available | - | |
| No longer available | |||
| Feb 9, 2024 | Listed | $325,000 | |
| Listed | |||
| Feb 10, 2023 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/09/2024
| |
3 Bed
|
4 Bath
|
2419 ft²
|
$325,000
3 Bed
4 Bath
2419 ft²
|
-
-
|
Rebecca Fogle
RE/MAX Edge Realty
|
|
01/27/2023
| |
3 Bed
|
2.5 Bath
|
1759 ft²
|
$233,000
3 Bed
2.5 Bath
1759 ft²
|
-
-
|
Ellen McNally
Cutler Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017