1471 LAKE DRIVE
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Listed by EXP REALTY LLC | $75,000 | |
| Listed by EXP REALTY LLC | |||
| Feb 18, 2025 | Listed | $75,000 | |
| Listed | |||
| | |||
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Direct Lake Okeechobee access. Cleared Lot. Parcel has a strong seawall and a long boat slip. City water hook up already on the lot. Very desirable location in Buckhead Ridge (Glades County). Owner will provide survey to save buyer money.
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| Aug 22, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017