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18253 Lakepointe 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.
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 27, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Keller Williams Realty | $1,550,000 | |
| Listed by Keller Williams Realty | |||
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CITY-LIGHT, LAKE, AND MOUNTAIN VIEWS?!?! What is most special about this Lake Hills Reserve Executive Home is not its 5,370 SqFt size; nor is it the fact that it rests on a HALF-ACRE LOT with only ONE NEIGHBOR. It’s not the IN-LAW'S SUITE down with its own separate courtyard entrance and it’s not the 34 OWNED SOLAR PANELS. What is most special about this home is that it is situated in a way on the hill that gives it unobstructed city light AND lake views in addition to those mountain views residents have some to love!! This highly desirable floor-plan features a formal living room with sky-high ceilings, fireplace, and city-light and mountain views. Down the hall is the courtyard-adjacent dining room and a large family room open to the kitchen — both with those city-light and mountain views. The upstairs has a spacious loft, 3 more bedrooms, and a huge fireplace-warmed primary bedroom with it’s own retreat, private balcony, and bath with standup shower, soaking tub, his/hers vanities and dual-entrance walk-in closet. The backyard is spacious and those views are totally unobstructed with a hillside rock fountain to add to the ambience. The exclusive community of Lake Hills Reserve offers its residents an ideal mountaintop locale removed from city life, yet close to Riverside’s many cultural and educational amenities and near all the shopping attractions! In addition to the hiking, stunning sunsets, the quiet, and panoramic mountaintop views in this patrol-guarded community, residents enjoy a private residents club including a swimming pool, playground, park, an open-air fireplace pavilion, and the HIGHLY rated Lake Hills Elementary School. This is an ideal location for commuters as the 91 FWY & Metro-link are both VERY close by. Are you ready for the Lake Hills Reserve lifestyle…?
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| May 17, 2019 | Sold | ||
| Sold | |||
| Mar 14, 2019 | Listed by Keller Williams Realty | $928,800 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017