18366 Lake Bend 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%.
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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 6, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed | $899,000 | |
| Listed | |||
| | |||
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Enjoy tranquil lake views and a bright, open layout featuring vaulted ceilings in this beautiful 3 bedroom home in the highly desirable community of the Shores. The spacious interior features 2200 sq ft of living space with an updated kitchen —perfect for both everyday living and entertaining. A newly added wet bar enhances the home’s entertainment value. The primary suite features a walk-in closet, a newly updated bathroom with dual vanities, and sliding glass doors that open directly to the pool area, creating seamless indoor-outdoor living. Tree-lined streets make this neighborhood perfect for peaceful daily walks—all just minutes from I-95 for easy access and commuting.
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| Aug 1, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | Listed by Jack Keller Inc | $890,000 | |
| Listed by Jack Keller Inc | |||
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About Shorewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017