34818 Lake Point
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 13, 2024 | No longer available | - | |
| No longer available | |||
| Sep 4, 2024 | Price Decreased |
$179,950
↓ $2K
(1.1%) | |
| Price Decreased | |||
| Aug 10, 2024 | Listed by JD Realty | $182,000 | |
| Listed by JD Realty | |||
| | |||
|
The property was beautifully remodeled as if the owner intended to keep it, but it was renovated for her mother, who ultimately decided to stay in Miami. The house has a new roof, and the foundation has been repaired and verified by an independent structural engineer. It is situated in a cul-de-sac with only three other houses. This home is now ready for a new owner to make it their own.
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| Apr 9, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017