167 LAKESIDE DR
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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Listed by Keller Williams Heritage | $379,900 | |
| Listed by Keller Williams Heritage | |||
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Welcome to your ultimate lakeside paradise that doesn’t break the bank! Get ready to dive into the good life in this charming lakeside community with exclusive access to the shimmering waters of Lake Placid and a hassle-free boat launch for all your aquatic adventures. We are getting our dam back! At this time, water levels have been lowered, but dam construction is currently underway with an estimated completion date of 2025. However, the Guadalupe River still runs through so there are plenty of water activities to be had. Indoors, the living room is like something out of a dream, with its lofty ceilings, rustic beams, and a cozy wood-burning fireplace that sets the perfect mood for relaxation. Plus, with easy access to an outdoor balcony, it's the ideal spot for entertaining guests or simply soaking in the stunning views. But the real magic happens in the kitchen – picture granite countertops, under-cabinet lighting, and top-of-the-line appliances that will make every meal feel like a gourmet experience topped with a glass of wine chilled by the wine fridge. Retreat to the secondary suite, complete with its own private bathroom and walk-in closet. Or treat yourself to the owner's suite – a true haven with private outdoor access, dual walk-in closets, and a spa-like bathroom featuring a jetted soaker tub & tiled shower with bench seating and dual shower heads. But wait, there's more! Store your lake toys & watercraft onsite to jump in the water anytime!
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| Jan 5, 2024 | No longer available | - | |
| No longer available | |||
| Dec 14, 2023 | Relisted | $398,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017