230 Long Lake Drive
About This Property
Inside, you'll find a bright and functional layout with an open-concept living and dining area, perfect for everyday living or entertaining guests. The kitchen features ample cabinet space, a breakfast bar, and a cozy dining nook. Each of the three bedrooms is generously sized, with the primary suite offering a private bath and walk-in closet. Enjoy outdoor living on the covered patio overlooking a low-maintenance backyard-ideal for relaxing or hosting barbecues. A two-car garage and a full laundry room add to the convenience.
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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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $499,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Nov 17, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017