16365 LAKESHORE Road
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 |
|---|---|---|---|
| Sep 29, 2019 | No longer available | - | |
| No longer available | |||
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Aug 16, 2019 | Listed | $589,900 | |
| Listed | |||
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This architect designed cottage style home features tongue & groove beadboard throughout, a beamed ceiling, and wide plank heart pine floors. As you enter this carefully crafted 3 bedroom 3 bath home, you are drawn in by it's open floor-plan. The large kitchen features quartz counter-tops, stainless steel appliances, & an over-sized island with seating for 5. The back entrance/deck/outdoor shower/mudroom/ laundry room is perfect for a return from a day at the beach. The screen porch is ideal fora pleasant summer evening. The beach is within walking distance as is the weekly farmer's market and several restaurants. This home is being sold fully furnished right down to the dishes and utensils and includes a golf cart to make trips to the beach even shorter. The manager has listed the unit size as 1449 square feet.
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| Jun 9, 2017 | Sold | ||
| Sold | |||
| Nov 10, 2016 | Listed by USREALTY.COM LLP | $529,000 | |
| Listed by USREALTY.COM LLP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017