3312 Lake Drive
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 |
|---|---|---|---|
| Sep 21, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | Listed by Scott Ashford Real Estate, LLC | $199,000 | |
| Listed by Scott Ashford Real Estate, LLC | |||
| Sep 3, 2019 | No longer available | - | |
| No longer available | |||
| May 8, 2019 | Listed | $124,900 | |
| Listed | |||
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Great home on 3 lots with mature trees. Split floor plan, two large living areas, open kitchen with an abundance of counters and cabinets. Very large covered deck off kitchen, great for entertaining or enjoying evenings outdoors. Close to swimming pool and amenities. Nice storage shed and two car covered parking on west side of home, 10x20 workshop with roll up door and electricity on east side. Attractive rock skirting around home, fenced yard, scattered fruit trees. Community playground, pool and boat ramp.. Walk to lake just 4 blocks. Convenient location outside city limits. The manager has listed the unit size as 1990 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017