18 Lake Cir
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by J. Borstell Real Estate, Inc. | $500,000 | |
| Listed by J. Borstell Real Estate, Inc. | |||
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***Multiple offer notification. All offers due Monday 7/29 by noon***Exquisite waterfront Ranch home on Massapoag Pond, boasting breathtaking views. Embrace summer relaxation on the expansive wraparound deck overlooking the serene pond. This tastefully renovated property features an airy open concept integrating the kitchen, living room, and dining room under stunning cathedral ceilings. The kitchen features stainless steel appliances, quartzite countertops, new white shaker cabinetry, and gas cooking highlight the modern kitchen. A wood burning stove in the living room offers cozy warmth in winter. Both bedrooms are generously proportioned, one with dual closets. Updated full bath and convenient washer/dryer complete this property. New septic!
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| Sep 1, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017