198 LAKESIDE DR
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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Price Decreased |
$417,000
↓ $13K
(3%) | |
| Price Decreased | |||
| Jul 16, 2024 | Listed by Tarpon Blue Real Estate | $429,900 | |
| Listed by Tarpon Blue Real Estate | |||
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Located in the Pecan Cove subdivision, with access to Lake Placid via the Pecan Cove community boat launch, this beautifully updated 3/2 brick home is situated on a generous corner lot. This property offers abundant space and privacy. It is complemented by mature trees providing ample shade and a picturesque backdrop, with views of the new Lake Placid dam. Due to be complete in under one year. Step inside to find a wonderfully renovated interior with all-new flooring and HVAC system, ensuring year-round comfort and efficiency. The kitchen is a chef's delight with modern appliances, sleek countertops, and plenty of cabinet space for storage. The master bedroom features an ensuite bathroom and ample closet space. Two additional bedrooms provide flexibility for guests, home office, or hobbies. There is also a flex space off of the kitchen that could be used as formal dining or office space. Outside, the expansive yard is a haven for outdoor enthusiasts, with room for gardening, play, or relaxation. Enjoy lounging in the enclosed porch area or getting crafty in the large workshop- which provides storage space for tools, boats and any other equipment. Don't let this one get away without scheduling your showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017