2445 Lakes 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 |
|---|---|---|---|
| Mar 27, 2023 | No longer available | - | |
| No longer available | |||
| Mar 11, 2023 | Price Decreased |
$935,000
↓ $30K
(3.1%) | |
| Price Decreased | |||
| Jan 5, 2023 | Listed by Charles Rutenberg Realty Fort Lauderdale | $965,000 | |
| Listed by Charles Rutenberg Realty Fort Lauderdale | |||
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Beautiful bright and airy lakefront home in the Deer Creek County Club community. Totally updated 3/3 with cathedral ceilings and a spectacular water view. Tile throughout with ceramic wood grain tile in the MBR, 2nd bedroom and DR. Sprawling floorplan has open entryway, double sided fireplace, crown molding and built in butler’s pantry. Large eat-in area off kitchen. Gorgeous view of lake in the back and golf course view in the front. Sprinkler uses water from the lake minimizing water bills. 2 AC systems. 2nd bedroom has brand-new murphy bed for office or guest use. S/S appliances and granite countertops. The MBR has custom designer closet and oversized shower and dual sinks. Impact windows and doors with screened in pool and Travertine decking. Ten minutes from the beach. The manager has listed the unit size as 2658 square feet.
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| Dec 20, 2017 | Sold | ||
| Sold | |||
| Mar 23, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017