1570 Carter Drive
About This Property
Enjoy the best of lake living with this beautiful home situated on a small canal with direct water access to Richland Chambers Lake! This inviting 3-bedroom, 2-bath brick and stone home offers 1694 square feet of comfortable living space and the opportunity to enjoy boating, fishing, and all the recreation lake life has to offer. Located on a double lot, you have plenty of room to enjoy the views.
The home features an attractive interior with granite countertops, stainless steel appliances and all electric convience. A spacious three-car garage provides plenty of room for vehicles, lake toys, and additional storage. Step outside to the covered back deck, perfect for relaxing or entertaining, while the fenced backyard offers added privacy and space for your children and pets to play.
Whether you're looking for a fulltime resicence, weekend retreat, or a place to enjoy the lake lifestyle, this property is a wonderful opportunity to make Richland Chambers Lake you own!
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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 |
|---|---|---|---|
| Nov 2, 2026 | Listed by Ebby Halliday Realtors | $585,000 | |
| Listed by Ebby Halliday Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017