26 Geneva Drive
About This Property
Also included in sale is tax ID 200--034-000 Geneva Drive residential vacant land parcel 0.2306 acres; making total acreage close to a half-acre.
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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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| May 17, 2024 | Listed by RE/MAX Town & Country | $439,999 | |
| Listed by RE/MAX Town & Country | |||
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You must see this completely renovated home in Lake Carmel! With 2 bedrooms, plus a 2 bonus rooms and 2 full baths this house has everything you need. Renovations include all new electric, plumbing, drywall and insulation. Also, a brand new cost-efficient 2-zone propane heating system with on demand hot water, all new floors including hardwood upstairs in the bedrooms, redone bathrooms, and a new kitchen with stainless steel appliances and granite countertops. Outside, the owner had the siding changed to all new vinyl and replaced the septic tank. With this home comes access to the lake and garbage/recycling pick up. This house is not being flipped; all renovations were done by the owner with the intent of living here themselves. But a change in their plans means this home can be yours! Also included in sale is tax ID 200-022-058-0001-034-000 Geneva Drive residential vacant land parcel 0.2306 acres; making total acreage close to a half-acre.
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| Apr 4, 2024 | Relisted | $184,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017