2989 DOCTORS 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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | Listed by MARGANON REAL ESTATE FIRM | $550,000 | |
| Listed by MARGANON REAL ESTATE FIRM | |||
| Jun 1, 2023 | No longer available | - | |
| No longer available | |||
| May 13, 2023 | Price Decreased |
$555,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Apr 5, 2023 | Listed by Omega Real Estate, LLC d/b/a RE/MAX Sterling | $565,000 | |
| Listed by Omega Real Estate, LLC d/b/a RE/MAX Sterling | |||
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A beautiful home in a great location! Large, beautifully renovated 2 story home set back from the road on a large lot with a secret garden in the woods. Solid floors and new quartzite counters complete the neutral color palate that sets off the custom tile fireplace in the living room. The wrap around porch, grand front hall, open circular floor plan, comfortable rooms, and enormous back deck are perfect for entertaining. The spacious primary suite is on the main floor with a huge custom built closet and spa bathroom. There are three more large bedrooms with walk-in closets upstairs and an office that could easily be converted back to a fifth bedroom on the main floor. The manager has listed the unit size as 2910 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017