161 Lakeside Drive
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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 |
|---|---|---|---|
| Jul 25, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by Century 21 Realty Partners | $349,999 | |
| Listed by Century 21 Realty Partners | |||
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Welcome to your new home in the beautiful resort community of April Sound. This lovely home features 3/4 bedrooms, spacious living area, kitchen with breakfast bar, split floor plan and 2 full baths. The 4th room is currently being used for an office but is perfect for a 4th bedroom or game room. The primary, utility and extra room are located on one side of home. The other 2 bedrooms and full bath on the other. Living area is spacious with lots of windows (double pane) to bring in the natural lighting. Breakfast/dining area is large enough for large dining table and buffet. Kitchen has a newer cooktop/oven. A/C and furnace were replaced with the last 5 years and roof is less than one year. Your yard has pretty oaks, magnolia, pear and mulberry trees. There is an easement behind home and utility easement to right of home for additional elbow room. April Sound offers gated entry with security, golf, tennis, swimming, parks and planned activities through out the year.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017