2586 Lake Drive
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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 |
|---|---|---|---|
| Mar 26, 2023 | No longer available | - | |
| No longer available | |||
| Feb 28, 2023 | In contract | - | |
| In contract | |||
| Feb 12, 2023 | Listed by RE/MAX Gold Coast | $1,175,000 | |
| Listed by RE/MAX Gold Coast | |||
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Have you been looking for an impeccably remodeled and spacious home with a pool, fire pit, and over 10,000 square foot lot? Look no further than this North Oxnard beauty in the Southbank subdivision, which offers 3 bedrooms + office/den, and 2.5 baths, along with nearly 2,200 square feet of living space. This home is conveniently situated near The Collection Shopping Center, River Ridge Golf Course, and only a quick 10-min drive to the beach, along with being located 35 miles away from Santa Barbara to the north, and approximately 60 miles from Los Angeles to the south. This property is also located walking distance to Southbank Park. This tastefully remodeled home offers a new kitchen with an expansive island featuring cambria quartz countertops, tile flooring, renovated mudroom/laundry area, newer windows, furnace, and tankless water heater. The upgrades and attention to detail for this home are too many to list - you must see the property to truly appreciate its splendor and charm. Downstairs you will find the kitchen, living room, formal dining, family room, and half bath. All bedrooms are upstairs. Just when you thought this home could not impress you any further, you walk into the backyard--your private oasis--which is only worthy of those who love entertaining friends and family. This backyard is a perfect place to spend your summers swimming in the pool, BBQing with friends and family, playing in the grass, or cooking up some smores in the fire pit. If you like to garden, this backyard offers many gardening opportunities and many trees (olive trees, passion fruit vines, mandarin, lemon and guava tree). See the 3D tour first, and then call your agent to schedule a private tour. The manager has listed the unit size as 2193 square feet.
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| Oct 11, 2018 | Sold | ||
| Sold | |||
| Apr 9, 2018 | Listed by Pacific Crest Realty | $679,000 | |
| Listed by Pacific Crest Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017