213 LAKE CHAMPLAIN
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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 |
|---|---|---|---|
| Dec 12, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | Listed by Mezzina Agency | $249,000 | |
| Listed by Mezzina Agency | |||
| May 20, 2022 | No longer available | - | |
| No longer available | |||
| Apr 29, 2022 | Listed by Garabedian Realty Group, LLC | $249,000 | |
| Listed by Garabedian Realty Group, LLC | |||
| | |||
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Adorable move in ready 3 bed room 1 bath cape code home which backs up to the Mystic Island Park at the Jersey Shore. Short drive to the ocean beaches of Long Beach Island and Atlantic City. One hour from Philadelphia, 2 hours from NYC. Invest in your forever home here or long term rental asset. Call today for appointment! The manager has listed the unit size as 1092 square feet.
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| Oct 15, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Mystic Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017