294 Main Street
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by EXP Realty | $1,595,000 | |
| Listed by EXP Realty | |||
| Dec 21, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2022 | Listed by Sue Padden Real Estate LLC | $1,650,000 | |
| Listed by Sue Padden Real Estate LLC | |||
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Amazing opportunities like this don't happen very often! This picturesque estate is on the market for the first time in more than 40 years. This home has been lovingly maintained and will make for an amazing full-time home that makes you feel like you are always on vacation. Driving down the driveway you will immediately realize this is no ordinary lake house. There's nowhere near enough space here for me to tell you all the wonderful things this property entails. From the moment you walk through the front door be prepared to be wowed! The expansive living room with a massive gas fireplace is just the beginning. The front to back custom kitchen with window seats overlooking the lake will be where everyone wants to gather, and where you can prepare for epic get togethers. There's a primary w/ attached bath option on the first floor, as well as a large laundry room, half bath and a sweet bonus room that would be a fantastic home office. Upstairs you have a primary suite that will knock your socks off! There's a balcony overlooking the lake and an ensuite bath that would be the envy of many. 2 walk in closets and a partially finished area over the garage. 3 other nicely sized bedrooms and a full bath finish the second floor. A finished basement would make a great teen hang out or the perfect hub for hosting your summer parties on the water! Be sure to watch the video! The only thing missing in this home is you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017