21945 Howell Drive
About This Property
Fire pit to enjoy the evenings at the lake. Picnic under the Pergola. Outdoor Shower and a Two Car Garage. One block from 1st tee of Diamond Lake Golf Club, One block from ice cream shop, four blocks to coffee /doughnut shop, great location for Diamond Lakes fireworks annual display. Boat, Hoist, Water toys, kayaks, and pier are included in sale of house. Some furniture is also included in sale of house. Diamond Lake is a 1020-acre lake. Two hours from Chicago, Detroit and Indianapolis.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | In contract | - | |
| In contract | |||
| Dec 30, 2024 | Price Decreased |
$1,359,000
↓ $31K
(2.2%) | |
| Price Decreased | |||
| Nov 14, 2024 | Price Decreased |
$1,390,000
↓ $60K
(4.1%) | |
| Price Decreased | |||
| Sep 9, 2024 | Price Decreased |
$1,450,000
↓ $49K
(3.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017