2045 Lake Drive
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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 |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by The Agency Northshore NY | $1,350,000 | |
| Listed by The Agency Northshore NY | |||
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Let your North Forth dreams come true in this eco-friendly paradise! Kayak in Great Pond off your own back yard, or enjoy beautiful Kenney's Beach right around the corner. Every room in this serene gem has been lovingly turned into a sanctuary of peace and expansiveness. Open plan living and dining are ready for your 'beach-life'. Upstairs boasts two large airy bedrooms and a spa-like bath. The downstairs studio is functional in so many ways. Bamboo floors give a warm glow to each room, while the views will take you to a place far away from the bustle of the world. Abundant native plantings have been nurtured and thrive with water from rainwater cisterns, while solar panels feed most of your electricity needs. Come unwind in a very special beach community. An Oasis for the true environmentalist.
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| Sep 9, 2003 | Sold | ||
| Sold | |||
| Aug 16, 2000 | Sold | ||
| Sold | |||
Property Highlights
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About Southold
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017