159 Lake Avenue
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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | Listed by DAUNNO REALTY SERVICES, LLC. | $489,900 | |
| Listed by DAUNNO REALTY SERVICES, LLC. | |||
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Come see this beautifully updated ranch featuring 3 good size bedrooms, 1.5 bathrooms, an eat-in kitchen, & airy living room with hardwood floors throughout. Recent updates include a new roof (2023), new laminate flooring, fresh paint, and newer HVAC system. The large finished basement offers a HUGE 24x26 family room, a wet bar, a half bath, and ample storage space. Enjoy the huge park-like fenced in rear yard (50x220) with a paver patio, storage shed, and stone fire pit area! The oversized paver driveway can accommodate 4+ cars. Priced to sell, homes like this won't last long!!
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| May 2, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2023 | Listed by SIGNATURE REALTY NJ | $389,000 | |
| Listed by SIGNATURE REALTY NJ | |||
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Beautifully maintained ranch situated in a prime location featuring 3 good size bedrooms, 1.5 bathrooms, eat-in kitchen, & airy living room with hardwood floors throughout. The finished basement offers even more space, a wet bar perfect for entertaining & a half bath. Enjoy the huge park-like fenced in yard with a pavers patio perfect for leisurely spring or summer days! The pavers driveway can accommodate 4+ cars. Easy access to major highways, public transportation, shopping and restaurants. Additional features include newer central air and heat, allowing you to enjoy comfortable indoor temperatures year-round. Lots of possibilities in this home with an oversized lot 50x225!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017