174 Lake Drive
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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 |
|---|---|---|---|
| Mar 3, 2022 | Sold | ||
| Sold | |||
| Dec 27, 2021 | Listed by Coldwell Banker Realty | $525,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Vacation at home!!! This fully renovated Arts and Craft style Chalet has views of the lake from almost every room!!! First time on the market!! This home offers you a huge new eat in kitchen with cathedral/tray ceilings, living room with a stone fireplace, new hall bath, and 2 family bedrooms. Upstairs there is a huge fully renovated master suite with cathedral ceilings, full deck/balcony over looking the lake, new master bath, 2 walk in closets-or additional office space, with views from every window. Also included is a new laundry room off the lower level, an over sized attached garage, and a separate utility room. Enjoy the outdoor space with your own covered stone terrace overlooking the lake and a private back yard (no one behind you, as the property backs up to the neighboring street -Becker) with a picnic/fire pit deck area that is perfect for entertaining or just relaxing. In addition, this property has lake rights to Lake Peekskill. Lake Peekskill is a private community for residences and their guests only. Offering you several beach areas-1 just down the street, community building, playgrounds, boat moorings (electric, canoes, and row boats, etc...). In addition there are several parks, hiking and other fishing areas, neighboring restaurants and upscale shopping, close proximity to Metro North and major highways, truly a great place to live and raise your family. A must see to appreciate!!!!!.
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| May 19, 2021 | Sold | ||
| Sold | |||
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About Putnam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017