188 Lake St
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 29, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by Winslow Homes LLC | $199,900 | |
| Listed by Winslow Homes LLC | |||
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Whether you’re an experienced investor or a first-time homeowner this fixer-upper is a hidden gem waiting to be polished. With its charming vintage details and original character, this property offers a unique opportunity to restore its former glory. 3 beds, 1 bath, with a great back yard to host in. Bring this inground pool back to life for your own little oasis at home. Don't miss the opportunity to see this home!
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| Feb 21, 2007 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017