216 Sparkling Water 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 |
|---|---|---|---|
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by Brombacher & Co. | $165,000 | |
| Listed by Brombacher & Co. | |||
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Whether you are looking for local lake living or a weekend retreat, this home provides a comfortable place for relaxation! This home sits on a quiet cul-de-sac and is WALKING DISTANCE TO THE LAKE, neighborhood park/boat launch. BRICK on all four sides. DOUBLE-WIDE CARPORT can accommodate trucks/boats. Inside you’ll find REAL original hardwood floors in the entryway and the flex/3rd bedrm. The open concept kitchen, living and dining area along with the LARGE COVERED BACK DECK make indoor/outdoor living and entertaining a snap! The lot is nearly 13,000 sq. feet and the backyard feels like a private park. Enjoy dining outdoors, making s’mores around the fire pit, and gardening opportunities – room for a pool! UPDATES throughout the property include: roof, tankless water heater, electrical and plumbing updates, insulation, garage door, driveway, carport, window blinds, fresh paint, ceiling fans and MORE! NEVER FLOODED! (all per seller)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017