31 Lake Rd.
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Jul 28, 2024 | Listed by EXIT Real Estate Executives | $519,900 | |
| Listed by EXIT Real Estate Executives | |||
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Discover your dream home on picturesque Lake Rd in Brookfield! This exquisite new construction offers 3 bedrooms, 2 baths, and sits on over 2 private country acres. The open floor plan boasts a large kitchen with modern white cabinets and elegant granite countertops, dining area with access to the back deck and a spacious living room, all with cathedral ceilings, recessed lighting & hardwood flooring! The primary suite offers a private bathroom & double closets, 2 more decent sized bedrooms. The bright, finished lower level adds versatile living options which could include a game room, home office, workout room or just a nice big bonus space! Enjoy a private, serene setting close to Oakholm Brewery's fun & vibrant events! In the Brookfield/Tantasqua school district and just minutes from South Pond’s beach and boat ramp. Convenient access to the MA Pike and major routes makes commuting a breeze. Sept/Early Oct delivery! (Interior photos of same house builder built on different lot)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017