198 GRANDVIEW DRIVE
About This Property
Step outside and soak it all in. Whether you're sipping your morning coffee on the expansive two-level deck, grilling with a lake view, or gathering around the brick firepit on the spacious concrete patio, this outdoor space was made for taking in the sights, sounds, and serenity of Deep Creek. The detached garage includes a conditioned loft ready to become your home office, studio, or additional guest space.
Located in a peaceful community with potential boat slip access through the HOA (subject to availability). Whether you're seeking a vacation home, a short-term rental investment, or your own slice of lake life, this one delivers.
Don't miss your chance to own a front-row seat to Deep Creek's beauty. Schedule a showing today!
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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