29181 E Lake 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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by RE/MAX RESULTS | $329,900 | |
| Listed by RE/MAX RESULTS | |||
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Love the lazy lake life? This could be just the home you are looking for, wake up every morning to the sunlight blanketing the lake. Sip your coffee from the deck watching the fish jump, the ducks swim or the birds fly. This home has some amazing features, the beautiful wood work on the ceiling in the oversized living room and also on the screened in portion of the back patio. Very open living area makes for the perfect entertaining spot or just sitting around with the family enjoying the solitude. Property is a little more than an acre and is fenced down to the water. There is also a great walk way down to your private dock along with a second garage that can be used to hold your water toys. Subdivision is filled with horses and gives you the feel of the country life along with the enjoyment of the lake. The possibilities are endless, let your imagination take control and envision all the fun you can have. Call a Realtor today to schedule a showing of your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017