16511 Lake Tree Dr
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 4, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed by Berkshire Hathaway HomeService | $625,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
New on the market! Incredible 5 bedroom/3 bath home w/ 2 car garage. Over-sized corner lot is 14,803 square feet. Fully fenced yard w/ great pool & patio area & lush landscape is accessible from most rooms in the home. Upgraded & contemporary eat-in white kitchen w/ stainless steel appliances & granite counters. Large pantry & lots of storage. Gorgeous marble floors in common areas & wood floors in the bedrooms. Open floor plan w/ beautiful atrium as a focal point. Huge master bath w/ dual sinks, Roman tub & quartz counters. Great space w/ 3683 square feet under air. Weston schools, close to shopping & restaurants. No association but mandatory membership to Bonaventure Town Center. $285 per year provides two pools, tennis, racquetball, gym, bowling alley, billiards, + more. Don't miss! The manager has listed the unit size as 3683 square feet.
| |||
| Feb 24, 2020 | Listed by Berkshire Hathaway HomeService | $625,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017