2090 Lakeview Drive
About This Property
Enjoy bamboo floors throughout the kitchen, dining, and living rooms, plus Hi-Macs custom countertops and a bonus flex room ideal for an office, guest room, or studio. Recent upgrades include a tankless water heater, water softener (Sept 2024), and a generator hookup for peace of mind. Step outside to a quiet backyard with Trex deck, or walk just steps to your deeded dock slip for boating, kayaking, and lakefront fun. Well cared for, move-in ready, and full of thoughtful updates-homes like this rarely come up. Don't miss it!''
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017