197 Monette
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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Century 21 Farm & Forest | $639,900 | |
| Listed by Century 21 Farm & Forest | |||
| Nov 30, 2023 | No longer available | - | |
| No longer available | |||
| Aug 22, 2023 | Listed by StoneCrest Properties | $675,000 | |
| Listed by StoneCrest Properties | |||
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Lake Parker has long been a desired destination for many. This property offers two (2) waterfront residences on the same property with 75' of direct waterfront access. This would make a great family compound or live in one and rent the 'guest house' for additional income. Both homes have gorgeous, open water views of the lake from the main living areas of the houses. The main house has floor to ceiling windows with cathedral ceilings looking out over the incredible water view. Main house offers an open concept dining, kitchen and living room area on the first floor with a 3/4 bath, pantry and mudroom entry. The basement level offers a master suite with a large walk-in closet, full bath and two bonus rooms for office and/or crafting space. The guest house offers a first floor living room, eat-in kitchen, full bath and bedroom and the basement level a water view sitting room, bath and bedroom. Two car detached garage, fully landscaped yard with no grass to mow and decks galore just add to this incredible property. Come see! The manager has listed the unit size as 3344 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017