1400 Lake Drive
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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%.
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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.
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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 29, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Coldwell Banker Realty /Delray Beach | $3,250,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
| Jul 30, 2017 | Listed | $2,495,000 | |
| Listed | |||
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This brand new construction is situated on a premier lakeside lot in the desirable neighborhood of Lake Ida! Gorgeous Key West styled home offers 5,800 total square feet with 5 Bedrooms and 5.1 Baths. Rich in style with all the comforts of modern day living. This gracious floor plan offers a two story Living Room and a formal Dining Room. Gourmet Kitchen is complete with double sinks, quartz countertops, top of the line GE Monogram Refrigerator/Freezer, Monogram induction stovetop, breakfast bar, walk-in pantry, and large island. A Guest suite on first floor is perfect for maid/in-laws as it has a mini-kitchenette area and its own separate entrance. The gracious sized Master Suite offers both his and hers closets, a beautiful modern Master Bath with soaking tub, and a tremendous coveredThe manager has listed the unit size as 4570 square feet.
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| Dec 23, 2014 | Sold | ||
| Sold | |||
| Apr 9, 2013 | Listed by Coldwell Banker Realty /Delray Beach | $875,000 | |
| Listed by Coldwell Banker Realty /Delray Beach | |||
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About Totterdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017