2245 LAKE Drive
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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 |
|---|---|---|---|
| Sep 22, 2020 | Sold | ||
| Sold | |||
| Dec 30, 2008 | Sold | ||
| Sold | |||
| Dec 12, 2007 | Listed by WATSON REALTY CORP | $163,000 | |
| Listed by WATSON REALTY CORP | |||
| Dec 29, 2005 | Sold | ||
| Sold | |||
| Oct 10, 2005 | Listed by CENTURY 21 LIGHTHOUSE REALTY | $178,000 | |
| Listed by CENTURY 21 LIGHTHOUSE REALTY | |||
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Priced to sell! Be sure to see this wonderful home on large private lot.Remodeled Florida room with lots of windows..fully equipped kitchen w/new dishwasher & breakfast area...Great room has wood flooring... ceramic tile throughout..inside utility/office....Deck, 12x14 shed, A/C 1 year old. Great location close to shopping, schools, beach & downtown.
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017