18520 Long Lake 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 |
|---|---|---|---|
| Dec 6, 2018 | Sold | ||
| Sold | |||
| Oct 20, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $3,390,000 | |
| Listed | |||
| | |||
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ABSOLUTELY WONDERFUL FAMILY HOME IN PRESTIGIOUS LONG LAKE ESTATES! THIS EXQUISITE HOME, WITH THE HIGHEST LEVEL FINISHES, IS SITED ON A LUSHLY LANDSCAPED 1+/- ACRE LOT, AND EXUDES QUALITY AND WARMTH! (RANDALL STOFFT ARCHITECT/TERRY CUDMORE BUILDER) GENEROUSLY SIZED IMPACT WINDOWS FILL THIS HOME WITH NATURAL LIGHT! FEATURES INCLUDE, LARGE GAME/PLAY ROOM, LARGE CLUB ROOM, 4 CAR GARAGE, FULL CBS CONSTRUCTION W/ CONCRETE BETWEEN 1ST AND 2ND FLOORS, LARGE PRIVATE OFFICE, HUGE FENCED BACK YARD W/ OVERSIZED POOL. The manager has listed the unit size as 7532 square feet.
| |||
| Jan 30, 2018 | Listed by Housifi | $3,390,000 | |
| Listed by Housifi | |||
| Apr 27, 1999 | Sold | ||
| Sold | |||
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About Long Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017