249 Sunset Drive
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 |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| Apr 2, 2023 | Listed by Resident Realty, Ltd. | $280,000 | |
| Listed by Resident Realty, Ltd. | |||
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Looking for a quiet serene setting to get away for the weekends, or leave the hustle and bustle behind and enjoy the full time benefits of living on Lake Livingston year round. This quaint cottage is a must see! The views off the back deck provide an instant connection with nature, a perfect way to start each day over your morning coffee. The garage/workshop is perfect for those who like to tinker with projects, tons of space to set up a full working shop - so many possibilities. Plus the additional covered carport provides additional space for parking or better yet hosting family BBQ's, get togethers. Need a place for your RV? There is room for that as well. AND Residence also have access to 2 boat ramps just down the road. This property sites on two lots. The lot next door is also for sale be sure to check it out - here is an idea, purchase both build a dream home and make this a guest cottage. This is an amazing opportunity to own a lake house in Lake Livingston Estates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017