307 Lake Line 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 26, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2023 | Listed by RE/MAX American Dream | $395,000 | |
| Listed by RE/MAX American Dream | |||
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Former Model for Saratoga homes located in Kendall Lakes subdivision. It offers 4 bedrooms, 3.5 bathrooms, 2 car garage. The living room has high ceilings and plenty of light. Breakfast room seamlessly transitions to the kitchen. Both are open to the family room. Well designed kitchen offers a walk in pantry, built in Frigidaire microwave, well placed electrical outlets, and Designer Kitchen Shaker cabinetry. Ceramic tile flooring is featured in the family room, kitchen and breakfast room, laundry room and all bathrooms. Second floor offers the secondary bedrooms, game room, and two additional baths. Call for a private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017