280 Lake Shore Drive
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 |
|---|---|---|---|
| Jul 2, 2021 | Sold | ||
| Sold | |||
| Jun 7, 2021 | Listed by BOURQUIN REALTY | $360,000 | |
| Listed by BOURQUIN REALTY | |||
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This two story house has three bedrooms, two and a half baths with a large covered porch facing Palo Pinto Lake. There is also an impressive large covered dock with two boat lifts along with a swimming platform in this deep water cove. This property is available fully furnished with a good price, so you can move in for some summer fun. There is a very short walk to the lake with heavy duty handrails and cement steps. The owner has maintained the many trees to keep their privacy. The couch makes into a bed, which gives you additional space for more company. You also have a dinning area with a breakfast bar. A great weekend retreat or retirement property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017