196 LAKE POINTE DR
About This Property
This comfortable home is great for all types of gatherings or simply relaxing in the hot tub or in front of one of two fireplaces. Enjoy 4 seasons of DCL and mountain views from the main and upper levels. The inviting great room, with its open floor plan allows for interaction whether you are cooking, eating or kicking back. It affords 6 bedrooms, 3 of which are suites, 5 and a half baths, and a lower level family room with a pool table and wet bar. This property has a strong rental history and in 2023 grossed over $121,000.
Shown by appointment only, don't miss this lakefront opportunity. Call for additional details.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017