29130 Lake View 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 |
|---|---|---|---|
| Aug 19, 2022 | No longer available | - | |
| No longer available | |||
| Jul 1, 2022 | Listed by Park Regency Realty | $697,000 | |
| Listed by Park Regency Realty | |||
| | |||
|
Great Investment Opportunity! 29130 Lake View Drive, Cedar Glen is now for sale: 4 SEPARATE HOUSES ON ONE LOT! This is a Quadruplex with separate gas and electrical meters. Each unit features 2 bedrooms, 1 bathroom, a family room area and a kitchen. All 4 houses have newer kitchens and flooring and were updated 2 years ago. This is AIRBNB Approved!!! Located on a corner lot with plenty of room for vehicles & toys. All 4 tenants are A+. Property is located across from commercial stores and Cedar Glen Malt Shop with terrific upside. The manager has listed the unit size as 1584 square feet.
| |||
| May 26, 2022 | Listed by Park Regency Realty | $697,000 | |
| Listed by Park Regency Realty | |||
| | |||
|
Great Investment Opportunity! 29130 Lake View Drive, Cedar Glen is now for sale: 4 SEPARATE HOUSES ON ONE LOT! This is a Quadruplex with separate gas and electrical meters. Each unit features 2 bedrooms, 1 bathroom, a family room area and a kitchen. All 4 houses have newer kitchens and flooring and were updated 2 years ago. This is AIRBNB Approved!!! Located on a corner lot with plenty of room for vehicles & toys. All 4 tenants are A+. Property is located across from commercial stores and Cedar Glen Malt Shop with terrific upside. The manager has listed the unit size as 1584 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Price Decreased |
$519,990
↓ $25K
(4.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017