232 Lake Road
About This Property
Cambridge Walk! Enter this home and you will find cathedral ceillings through out the living room and dining room. Separate front room facing the front of the house with lots of sunshine, perfect to make your at home office. Large eat in kitchen with granite counter tops and atrium windows, leading to oversized backyard with deck and beautiful built in pool! Three large bedrooms, master offers walk in closet, vanity seating and full master bath with soaking tub and separate shower stall. Full basement. Two car garage. Wonderful family neighborhood with sidewalks, close to schools, GSP, shopping and beaches.
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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 |
|---|---|---|---|
| Jan 21, 2022 | Sold | ||
| Sold | |||
| Sep 29, 2021 | Listed by C21/ Lawrence Realty | $550,000 | |
| Listed by C21/ Lawrence Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017