320 Lake Line Drive
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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 |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | No longer available | - | |
| No longer available | |||
| Jan 2, 2024 | Listed by RE/MAX Space Center | $359,900 | |
| Listed by RE/MAX Space Center | |||
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WOW WOW WOW best describes this amazing property that does not come along too often. Lake front home, no side neighbors but usable space, walk by lake or by sidewalk to the community pool/playground and recreation area also located on the lake. Community has its own elementary school. A 4/3.5/2, open concept, walk through upstairs closet to see huge walk in dry storage (NICE), excellent curb appeal with covered and bricked front porch featuring stone and cedar accents, large updated gourmet kitchen with stainless steel appliances, granite counter tops, beautiful back splash & plenty of 42" cabinets + a light & bright breakfast area. A grand family room with true custom full wall built in with easy close drawers, gracious primary suite, updated primary bath with dual vanities/w granite tops, deep soaker tub and tiled walk in shower, over sized game room up, two updated H20's, salt water filter system, excellent back yard space with endless view. A truly must see so make your appt today!
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| Oct 3, 2023 | Listed by RE/MAX Space Center | $369,900 | |
| Listed by RE/MAX Space Center | |||
| | |||
|
WOW WOW WOW best describes this amazing property that does not come along too often. Lake front home, no side neighbors but usable space, walk by lake or by sidewalk to the community pool/playground and recreation area also located on the lake. Community has its own elementary school. A 4/3.5/2, open concept, walk through upstairs closet to see huge walk in dry storage (NICE), excellent curb appeal with covered and bricked front porch featuring stone and cedar accents, large updated gourmet kitchen with stainless steel appliances, granite counter tops, beautiful back splash & plenty of 42" cabinets + a light & bright breakfast area. A grand family room with true custom full wall built in with easy close drawers, gracious primary suite, updated primary bath with dual vanities/w granite tops, deep soaker tub and tiled walk in shower, over sized game room up, two updated H20's, salt water filter system, excellent back yard space with endless view. A truly must see so make your appt today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017