L-2 Lakeshore Drive
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 |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by LAER Realty Partners | $99,000 | |
| Listed by LAER Realty Partners | |||
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|
4.32 Acre building lot across the street from Lake Watatic. Expired 4 bedroom septic design in-hand. Town water. Lake access just a short distance away at Broadhurst Point as well as another beach area on Lakeshore Drive for lake owners. This is a great opportunity to build your dream home!
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| May 21, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2010 | Listed by RE/MAX Property Promotions | $84,900 | |
| Listed by RE/MAX Property Promotions | |||
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|
Beautiful Water Views, This 4 Bedroom Approved Building lot located arcroos the street from lovely lake Watatic. Offers Lake Access, boat launch across the street, septic permit in hand, town water. Time to build that dream home, and we have just the spot for you!
| |||
| May 12, 2010 | Listed by RE/MAX Property Promotions | $84,900 | |
| Listed by RE/MAX Property Promotions | |||
| | |||
|
Beautiful Water Views, This 4 Bedroom Approved Building lot located arcroos the street from lovely lake Watatic. Offers Lake Access, boat launch across the street, septic permit in hand, town water. Time to build that dream home, and we have just the spot for you!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017