2811 W Manitou Trail
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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%.
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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 7, 2023 | Sold | ||
| Sold | |||
| Apr 26, 2023 | Listed by @properties Christie's International Real Estate | $639,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Luxury waterfront living on the Chain o' Lakes! This newly-rehabbed, over 3,000 square foot ranch home is the perfect lakefront property. 4 bedrooms, 3 full bathrooms, an open floor plan, walk out basement, large laundry room, and plenty of living space. The property was fully updated in 2022-23, including new flooring, windows, kitchen and bathroom cabinetry, doors, and lighting. The kitchen features quartz countertops, stainless steel appliances, and a large island. Beautiful lake views from the living areas and primary bedroom upstairs. The lower level has plenty of entertaining space, large bar, a wood-burning fireplace, and more lake views. The exterior has freshly painted brick, gorgeous curb appeal, and an attached 2 car garage. Large backyard features patio space accessible from the basement, and over 95 feet of waterfront with a brand new rock seawall. Next door, you'll find a neighborhood playground and boat dock. Here's your chance to live life on the lake!
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| Nov 17, 2022 | No longer available | - | |
| No longer available | |||
| Aug 23, 2022 | Listed by RE/MAX Plaza | $619,900 | |
| Listed by RE/MAX Plaza | |||
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Waterfront living at it best!! This COMPLETLY rehabbed 3228 square foot waterfront gem has 96FT of waterfront!! This stunning brick walkout ranch home has 4 extra-large bedrooms, and 3 FULL bathrooms. Everything in the home is brand new including windows, doors, and finishes. The stunning kitchen has brand new cabinets and white quarts counters with a large quartz island with brand-new stainless-steel appliances. All the flooring in the whole house on both levels are brand new. All 3 FULL bathrooms have been completely gutted and tastefully redone. There is a wood burning fireplace in the walkout basement that leads to a new concrete paved 15x15 patio. There is a brand-new rock seawall, and the yard has been professionally landscaped. Basement also has a massive laundry room with plenty of storage. If you are looking to live the lake life and enjoy all the things that the Chain O' Lakes has to offer, then this is the house for you. Priced at 192.00 a square ft. this home should go quick!!! 610.00 platinum home warranty INCLUDED. The manager has listed the unit size as 3228 square feet.
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| May 20, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017