31 Sundown Trail
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 20, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | Listed by Nada Homes | $687,900 | |
| Listed by Nada Homes | |||
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Newly renovated lake front property on a double lot in the prestigious Star Harbor neighborhood at Cedar Creek Lake. With an open floor plan, water resistant wood flooring, granite countertops, brand new BOSCH appliances, and 4224 sq ft to call home, this property fits all your lake house needs. Detached living area is equipped with a 2nd kitchen area and bathroom, designed to be a perfect entertaining space or fully functioning bunkhouse or 2nd living area. Brand new boat dock and retaining wall are scheduled to be completed in June. Large bonus room in addition to the 4 bedrooms, creates another space to be used for hosting a large number of guests.
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| Apr 21, 2020 | No longer available | - | |
| No longer available | |||
| Mar 27, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | Listed | $429,000 | |
| Listed | |||
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GB-8404. BEAUTIFUL WATERFRONT HOME ON TWO LOTS IN ONE OF CEDAR CREEK LAKE'S MOST SOUGHT AFTER GOLFING NEIGHBORHOODS! THE POTENTIAL ON THIS SPACIOUS 4 BEDROOM 3 BATH HOME CAN BE AMAZING WITH A LITTLE BIT OF TLC. WOODBURNING FIREPLACE & SPACIOUS DOWNSTAIRS BASEMENT-GAMEROOM. LUXURIOUS LANDSCAPING AND MATURE TREES PROVIDE PLENTY OF SHADE WHILE ENJOYING THE WATER. SITUATED IN A FAMILY-FRIENDLY NEIGHBORHOOD NEAR A GREAT PARK, THIS PROPERTY IS READY FOR SOMEONE TO COME IN AND MAKE IT SHINE! The manager has listed the unit size as 3664 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017