316 MACGILL Street
About This Property
The home is being offered FURNISHED, making it a great option for a full-time residence, weekend lake getaway, or second home. Inside, a cozy fireplace adds warmth and character, while the SCREENED PORCH is the perfect place to relax with your morning coffee and enjoy the peaceful surroundings.
Outside you'll find multiple OUTBUILDINGS providing plenty of room for storage, workshops, hobbies, lawn equipment, lake toys and more. With 3.96 acres, frontage on Mariner Lake, plenty of privacy and room to make it your own, this property offers a combination that's getting harder to find.
Come enjoy the space, the privacy and the waterfront lifestyle -- because LIFE IS BETTER BY THE LAKE! :)
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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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by NICOSIA REALTY INC. | $320,000 | |
| Listed by NICOSIA REALTY INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017