255 Lakeside Hills
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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 |
|---|---|---|---|
| Jul 27, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2022 | Listed by Connect Realty | $195,000 | |
| Listed by Connect Realty | |||
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Beautiful wooded 1.1 acre lot across from the Lake in the gated community of Ridgelake Shores. Ridgelake Shores features 2 lakes designed by Bass Pro Jimmy Houston stocked with catfish and trophy bass. The subdivision also offers a park, boat ramps, fishing docks and more!
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About Ridgelake Shores
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Last Updated: 5 months ago
Data Source: HAR , MLS# 38704018
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017