245 Lake Ave North
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 |
|---|---|---|---|
| Aug 30, 2017 | Sold | ||
| Sold | |||
| Jun 30, 2017 | Listed by First Step Realty | $232,500 | |
| Listed by First Step Realty | |||
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Wake up to the sunlight dancing off the spectacular, open, view of the water! This cottage cutie has a beautiful view of Lake Quinsigamond! The covered porch is the perfect spot to relax and watch the long boat races! This house has an open concept kitchen and living room, and 2 bedrooms on the main floor. The loft is open to below with plenty of natural light though the sky light, making it perfect as a guest room or office space, or both! The basement is partially finished and has plenty of room for extra storage. property has deeded bathing rights. A MUST SEE!
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| May 25, 1994 | Sold | ||
| Sold | |||
| Mar 18, 1994 | Listed by Emerson REALTORS® | $69,900 | |
| Listed by Emerson REALTORS® | |||
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PRICED TO SELL.WATERVIEW OF THE LAKE W/COMMON RIGHTS TO BROWNING BEACH.FLAT BACKYARD FOR FAMILY ENTERTAINMENT.SHOW AND SELL.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017