1664 Mcgarity Road
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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 19, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| May 1, 2024 | Price Decreased |
$384,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Apr 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 31, 2024 | Listed by SouthSide, REALTORS® | $389,900 | |
| Listed by SouthSide, REALTORS® | |||
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NEW CONSTRUCTION in the Ola community. A 2 story with master on the main. The kitchen is open to the family room and dining space. Will have a center island, pantry, stainless appliances and granite tops. The master bath will have his/her sinks and separate tub/shower with a walk in closet. Half bath also on main. 2nd level has 3 additional bedrooms and a full bath. These are stock photos from a previous build for reference only. Finishes and features may vary. The manager has listed the unit size as 2074 square feet.
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About The Lakes
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Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10310194
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Address: 335 Madison Avenue, New York, NY 10017