1592 LAKE BEND Place
About This Property
Outside, the backyard is a true retreat, offering two covered patios ideal for gatherings. Surrounded by lush landscaping and a fully fenced yard, it's a private haven complete with a newly restored lawn and an upgraded irrigation system.
*1% CREDIT TOWARDS CLOSING/BUYER RATE BUY DOWN AVAILABLE w/PREFERRED LENDER!*
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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 25, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 8, 2025 | Price Decreased |
$499,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Jan 10, 2025 | Listed by NOMAD REALTY | $510,000 | |
| Listed by NOMAD REALTY | |||
| Dec 11, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017