304 CASTLEHIGH DR
About This Property
Inside, you'll find a thoughtfully designed floor plan that maximizes both comfort and functionality. The spacious living areas are flooded with natural light, creating an inviting atmosphere for gatherings and relaxation. The modern kitchen is a chef's dream, featuring stainless steel appliances and ample counter space for culinary adventures.
Step outside onto the covered deck, where you can savor your morning coffee, entertain friends and family, or simply unwind while taking in the lake view.
This property is not just a dream come true for those seeking a family retreat but also an excellent investment opportunity for short-term rentals. Experience the best of both worlds – a peaceful lakeside escape for you and a profitable income source when you're not utilizing it.
Whether you're looking for a permanent residence, a weekend getaway, or a lucrative rental property, this waterfront home is an absolute must-see. This home now comes with a covered boat slip.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 18, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 30, 2023 | Listed by eXp Realty LLC | $799,000 | |
| Listed by eXp Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017