2055 LAKEVIEW DRIVE
About This Property
The kitchen has been updated with all new appliances, white shaker cabinets and quartz countertops, with a breakfast bar and eat in kitchen area. The master bedroom boasts an en suite bath with dual vanities, glass shower doors, and his and her closets with built ins. Both secondary bedrooms also have a closet organizers and share a newly renovated 2nd bathroom. All new Cali luxury vinyl planks cover the open concept layout. Vaulted ceilings in the combined dining/living area give a bright airy feeling to the space. A fully enclosed Florida room adds over 200sq ft of additional living space, bringing the total to over 1600sq ft. 7 new ceiling fans with remotes. Solid core bedroom doors. Roof replaced in 2019.
2 covered carports are included with this unit, just outside your spacious front patio. The community has a beautiful lake front pool area with dock for relaxing in the weather.
There was no storm or flood damage, renovations were done to modernize the original 1980's build : all measurements approximate, please verify independently
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017