253 LAKEVIEW Court
About This Property
This three-bedroom, two-bathroom home is situated on a half-acre lot. It has undergone recent upgrades, including new kitchen cabinets and countertops, new bedroom carpet, and fresh paint throughout the house. The roof was installed August 2020. Palatka and Gainesville are conveniently located, offering a short commute. Seller will give a $1500 appliance allowance. Seller will pay $5000 towards buyers closing costs.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Price Decreased |
$169,900
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Dec 18, 2025 | Listed by COLDWELL BANKER BEN BATES INC | $179,900 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
| Jul 27, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017