23 Lake Road
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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed | $795,000 | |
| Listed | |||
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This charming village Cape features a remodeled kitchen with warm wood floors, perfect for modern living. A spacious living room, highlighted by a bow window, flows seamlessly into a comfortable den. Enjoy a formal dining room with ample natural light from bow and plant windows, plus three second-floor bedrooms. A bright three-season porch, complete with skylights, adds versatile living space. Updates include a gas fireplace in the living room, a high-efficiency boiler, and a new floor in the basement. This home is freshly painted inside and outside. Easy access to Lake Cochituate beach and state park. Conveniently situated near the town beach, playgrounds, shops, and major commuter routes.
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| Jun 21, 2022 | Sold | ||
| Sold | |||
| Oct 30, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017