178 Lake Drive
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%.
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Century 21 Parisi Realty | $469,000 | |
| Listed by Century 21 Parisi Realty | |||
| | |||
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Stylishly renovated jewel of a home. Very affordable with low tax and low utility bills lets you enjoy your home with less stress. Includes in-ground lawn sprinkler system, frost-free hose bibs, gutter guards, extra insulation throughout, multiple exterior electrical outlets-beautiful park-like yard. Call your Realtor today to arrange a showing.
| |||
| Jul 28, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017