207 Lower Lake 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 |
|---|---|---|---|
| Jul 28, 2017 | Sold | ||
| Sold | |||
| Jun 12, 2017 | Listed by RE/MAX at Barnegat Bay | $259,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Beautifully renovated 3 bed, 2.5 bath Cape w/open floor plan & 1st floor master features new kitchen w/granite counters, Frigidaire Gallery stainless appliances, new baths, new siding, windows, doors & new flooring throughout, plus new heat, air & h/w heater. Inground pool w/safety cover had new liner installed and has been checked out by a local pool company recently...Quick occupancy available, hurry to be in for summer fun in the heart of Ocean County so close to lakes, parks & beaches, great restaurants & shopping & the GSP!
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| Aug 30, 2016 | Sold | ||
| Sold | |||
| Jan 24, 2016 | Listed by RE/MAX at Barnegat Bay | $50,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Oct 22, 2015 | Listed by RE/MAX at Barnegat Bay - Forked River | $50,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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PROPERTY HAS AN ABANDONED UNDERGROUND OIL TANK THAT WILL BUYERS RESPONSIBILITY TO REMOVE AND TEST!! The property now has a gas furnace that services the proeprty. This 3 bed 2 bath Cape sits on a .18 acre lot and have 1695 sq. ft. of living space. Enclosed rear porch leads to spacious backyard with in-ground pool. Finished attic with 3 bedrooms. Eat in kitchen with breakfast bar area. Come take a look!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017