2520 LAKEVALE DR
About This Property
The spacious layout with 5 bedrooms, 3 bathrooms, and nearly 3,300 square feet of living space provides ample room for relaxation and entertaining. The combination of bright living and dining rooms with hardwood floors sets a welcoming tone, while the sunroom offers a peaceful, all-season retreat flooded with natural light. And the kitchen with a large bay window is not only practical but also inspiring for culinary adventures.
The lower level is a true haven for leisure and entertainment, with a cozy family room featuring a gas fireplace, an additional bedroom and full bath as well as a laundry room. Down one more level is the fully finished basement with a pool table (conveys) and ample space for various activities. The wood shop/utility room provides additional storage space and access to outside.
The owner's suite is a sanctuary, with an en-suite bathroom providing a serene space for rest and rejuvenation. The 3 additional bedrooms and another full bathroom upstairs, provides plenty of space for family members to spread out and enjoy.
Outside, the private fenced backyard with a generous patio seems perfect for outdoor entertaining and relaxation surrounded by lush greenery.
The community amenities offered by Lakevale Estates, including a clubhouse, pool, tennis/pickleball courts, lake, playground, and sports fields, add even more value to this exceptional home.
HVAC- 2018
Roof- 2008
Hot Water Heater 2018
Kitchen update 2016
Windows - 32 yrs old, except laundry & Garage 10 years
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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%.
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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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by KW United | $1,175,000 | |
| Listed by KW United | |||
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About Oakton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017