15618 SE US HIGHWAY 301
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 9, 2026 | Price Decreased |
$540,000
↓ $57K
(9.6%) | |
| Price Decreased | |||
| Mar 27, 2026 | Relisted | $597,000 | |
| Relisted | |||
| Feb 4, 2026 | Listed by ELITE SALES GROUP | $565,000 | |
| Listed by ELITE SALES GROUP | |||
| Jun 15, 2025 | Price Decreased |
$597,000
↓ $23K
(3.7%) | |
| Price Decreased | |||
| Apr 24, 2025 | Listed | $620,000 | |
| Listed | |||
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Discover this enchanting 4-bed, 3-bath Lake House with a full in-law's suite upstairs, brick/concrete built & tastefully remodeled. This home features a brand new 50ft dock and a 2024 metal roof. Highlights: Grand room with high ceilings and fireplace, modern kitchen with ample storage, cold A/C unit, and a new water heater. The spacious downstairs main bedroom includes a soaking tub and walk-in shower. The 2nd & 3rd bedroom, also on the first floor, are roomy. The upstairs in-law suite offers versatility, a lake-view balcony, a full kitchen, dining area, spacious bathroom with soaking tub, separate A/C unit, and private entrance. Convenient 2-car garage, concrete driveway, and complete fencing on a dead-end street. Great Investment Opportunity through short-term rentals!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017