3103 Park Road 36
About This Property
Private, shaded & fenced back yard with spacious patio and lower deck face southeast with a beautiful view of the lake and PK's famous limestone cliffs. Large windows from the open-concept floorplan have the same magnificent view. Two large master bedrooms with king beds & ensuite baths: the first master has a fireplace. The 2nd master has it's own private balcony. Enjoy this comfortable and well-cared for home for a long time or long enough to plan updates to make it all your own. Note it is not in an HOA with building restrictions and short-term rentals are permitted. Two-level, two-slip dock sits in approximately 18 feet of water. Both slips are 27.5' deep and 9' wide. Shoreline is at LEAST 111' feet per county's lot dimensions. Lake water is used for irrigation, a nice bonus!
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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 14, 2023 | Sold | ||
| Sold | |||
| Jan 2, 2023 | Listed by Williams Trew Real Estate | $1,150,000 | |
| Listed by Williams Trew Real Estate | |||
| Nov 8, 2022 | No longer available | - | |
| No longer available | |||
| Aug 4, 2022 | Price Decreased |
$1,525,000
↓ $60K
(3.8%) | |
| Price Decreased | |||
| Jul 14, 2022 | Price Decreased |
$1,585,000
↓ $50K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017