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3468 Chain Lake Road
About This Property
Seller is offering $5,000 in closing cost assistance. Who said they needed a Lake House? Well, this beautiful 4-bedroom, 3-bathroom lakefront home is situated on a spacious .83-acre lot and offers a breathtaking view of Chain Lake. The 50' screened-in back patio provides the perfect space for you and your family to relax and enjoy the tranquil surroundings.
As you step inside, you'll be greeted by the home's open floor plan, which allows for natural light to flood the space through the 3 sliding glass doors that face the Lake. The kitchen is equipped with stainless steel appliances and a large breakfast bar that offers ample counter space for all your cooking needs.
The Master Suite is a true retreat, featuring its own pr The Master Suite is a true retreat, featuring its own private exit to the back porch where you can unwind and enjoy the
steal furnace on cool nights. The property also includes a single car garage that could be used as a workshop.
Chain Lake is an outdoorsman paradise, offering great fishing and tubing opportunities. Don't miss out on the chance to make this Lake Front Dream Home your very own!
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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 |
|---|---|---|---|
| Apr 20, 2023 | Sold | ||
| Sold | |||
| Feb 10, 2023 | Listed by Think Real Estate | $272,000 | |
| Listed by Think Real Estate | |||
| Nov 14, 2019 | Sold | ||
| Sold | |||
| Oct 9, 2019 | No longer available | - | |
| No longer available | |||
| Aug 4, 2019 | Listed by Think Real Estate | $219,900 | |
| Listed by Think Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017