2042 Shadow Lake Road
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 |
|---|---|---|---|
| Dec 15, 2020 | Sold | ||
| Sold | |||
| Oct 6, 2020 | Listed by Century 21 Farm & Forest | $198,000 | |
| Listed by Century 21 Farm & Forest | |||
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Adorable cottage with frontage on pristine Shadow Lake. Setting out over the water, you can enjoy the soothing sounds of the waves below. Offers outstanding views from most every room, especially the Master Bedroom through your large atrium window that will knock you socks off. Great character throughout. Cathedral ceiling in master. Tongue & groove walls, and softwood floors. This is the perfect getaway from all hustle & bustle. A must see property.
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| Nov 8, 2019 | Sold | ||
| Sold | |||
| Aug 28, 2019 | Listed by RE/MAX All Seasons Realty - Lyndonville | $179,900 | |
| Listed by RE/MAX All Seasons Realty - Lyndonville | |||
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Fabulous camp on Shadow Lake. One of the last of it's kind as this property is built overhanging the lake! Imagine sitting on the screened in porch listing to the lake roll in underneath you on a quiet summer night. That's the type of enjoyment this property could afford you. The interior offers an open living area so there's no need to be separated from the family or guests while preparing the snacks while playing games in front of the propane stove on the chilly fall evenings. Upstairs offers two bedrooms and a loft area, property also offers a new roof, updates, water & sewer. Exterior offers landscaping, detached shed and of course frontage and views of this mountain top lake! You really don't want to pass up the opportunity to enjoy your own piece of this paradise.
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| Dec 14, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017