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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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | Listed by RE/MAX LakeSide Dreams | $759,900 | |
| Listed by RE/MAX LakeSide Dreams | |||
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Welcome to your retreat on Richland Chambers Lake! This lakeshore home on 1.13 acres features a 2,269 sqft main house which includes 3B-2B downstairs & a loft with half bath. The detached 1,250 sqft guest house features 2B-1B-living unit downstairs & 1B-1B-living with kitchenette upstairs. In a protected cove with open water views, the back deck overlooks the water & is perfect for morning coffee. The boathouse with a new 6,500 lb lift ensures memories made on the water are just a short ride away. The 405’ of water frontage topped with 200’ of concrete sidewalk invites all day fishing. The 10 x10 shed on concrete will store all that fishing gear & yard toys you are sure to need when friends & family come to visit. This spacious property is irrigated with a lake pump to keep your landscaping & yard green in the hot summers. With tons of recent upgrades, this home is ready to offer you memories for years to come, so come find out for yourself that life really is better at the lake!
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| Jul 30, 2022 | No longer available | - | |
| No longer available | |||
| Jul 8, 2022 | In contract | - | |
| In contract | |||
| Jun 30, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017