2685 BLUMBERG PARK
About This Property
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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 8, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 18, 2024 | Relisted | $799,900 | |
| Relisted | |||
| Sep 1, 2023 | Listed by Keller Williams Heritage | $799,900 | |
| Listed by Keller Williams Heritage | |||
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Nestled along the pristine shores of Lake Placid, this property boasts an impressive 80 feet of waterfront paradise, creating an idyllic haven for water enthusiasts. The boathouse, a true highlight of this property, offers shelter for your watercraft and features an expansive overhead entertainment deck creating the perfect setting for lakeside gatherings. We are getting our dam back! At this time, the water level has been lowered. The construction of the new dam is currently underway; however, the Guadalupe River still runs through so there is still plenty of water activities to be had! Situated on 0.91 acres, an open patio and deck, adorned with a charming gazebo, provide breathtaking vistas of the emerald lake waters. Indoors, the living room is a spacious and welcoming retreat, offering easy access to the outdoors. The kitchen features Quartz countertops, custom-crafted cabinetry for optimal storage, and a center island, simplifying meal preparation. Upstairs, alongside two secondary bedrooms, lies the Owner's Suite, affording impressive views of Lake Placid. The attached en suite bathroom offers a dual vanity, walk-in shower, and a spacious walk-in closet. Step onto the covered back deck, where you can savor stunning lake views while enjoying the comfort of a ceiling fan. With its prime waterfront location, meticulous attention to detail, and breathtaking lake views, this property stands as a rare gem, waiting for you to make it your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017