173 Fire Lane 12
About This Property
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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.
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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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Howard Hanna Real Estate | $375,000 | |
| Listed by Howard Hanna Real Estate | |||
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Offering a rare opportunity to own a private oasis on the western shores of Cross Lake. This charming cottage features an impressive 128 feet of prime lake frontage and has a nice large lot that is level and wide open to allow for entertaining, fun activities and all the toys. The parcel is ¾ of an acre and has a circular driveway for convenience. The ranch style cottage offers, the warmth of notty pine, an open floor plan, with kitchen and living room combination. There are 3 bedrooms and 1 bath. Improvements include a new steel roof, a new septic, and a lovely enclosed porch with breath taking views of the lake and land. This property comes fully furnished and equipped, including the dock and a shed. There are year-round homes on this private, well-maintained road, this too could become a year-round residence. Cross lake is known for beautiful sunsets, excellent fishing, and is connected to the NYS canal system. Don't miss out on this perfect get away that will provide your family with years of enjoyment and create lasting memories! Public records has 978 sq ft, but the enclosed porch adds an additional 250 sq ft, totaling 1228.
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| Oct 18, 2006 | Sold | ||
| Sold | |||
| Aug 24, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017