146 Lake Street
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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | Listed by Big Bear Real Estate | $119,000 | |
| Listed by Big Bear Real Estate | |||
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by Century 21 Farm & Forest | $71,400 | |
| Listed by Century 21 Farm & Forest | |||
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Attention investors and home flippers ... here it is! A project ... a project that has a VIEW overlooking Crystal Lake and the beach. This home needs a total renovation but appears solid. Oversized lot has an overlook above that really captures the beauty. Good asphalt shingle roof and a full concrete basement. Yard needs to be reclaimed but with a little effort you will have a proud and solid property. This is being sold AS IS and with no warranties. All contents will convey at sellers' convenience. Location offers edge-of-town convenience, walk to most everything.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017