166 Lake Drive
About This Property
The master bedroom offers a luxurious retreat w/tray ceilings, en-suite bathroom and a walk-in closet. The lower level provides additional living space, including a generous family rm, full bath, laundry rm and with direct access to the patio and backyard. Enjoy the private lake, sandy beach, playground and picnic area as well as the 50-mile bike path, great for outdoor enthusiasts. This 3 bedroom, 3 bath home is perfect for those who appreciate Contemporary design and ample living space, and a strong sense of community. Located close to TOWN, TRAIN, SCHOOL and ROUTE 684. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017