162 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 |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by Century 21 Realty Partners | $374,900 | |
| Listed by Century 21 Realty Partners | |||
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Welcome to your new home in the beautiful resort community of April Sound. Your home features 3 full bedroom, home office, 2 full baths, dining and breakfast areas, spacious kitchen and sunroom with AC. This home offers a split floor plan with office, 2 bedrooms and full bath on one side. Primary is on other side. The kitchen was recently updated with granite countertops, newer appliances and a breakfast bar. Utility room has a refrigerator for extra storage. Your home comes with a whole house generator, roof and AC replaced in 2021, sprinkler system, nice deck, and a little fence area for your furry ones. April Sound offers many amenities for you and your family. Country Club, 27 holes of golf, swimming pools, tennis/pickleball counts, fitness center, boat launches, parks, sport courts and community garden. Best of all this is a gated community with 24 hour security and patrolling. April Sound is close to many eateries, shopping and historic Montgomery, TX. Welcome home!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017