349 Lake 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 |
|---|---|---|---|
| Dec 17, 2021 | No longer available | - | |
| No longer available | |||
| Nov 13, 2021 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Oct 1, 2021 | Listed by Weichert Realtors | $359,000 | |
| Listed by Weichert Realtors | |||
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Live like you are on Vacation! Enjoy lake views and access from this lovely two bedroom home. Many improvements made to this property: New Roof, Gutters, Paint (interior and exterior), plumbing, windows to lower level. Self Starting Generator, newly installed hot water heater and dual heating zones. Finished walk out lower level. Short walk to lake from backyard. Access to Carera Beach which is private and one of three community beaches. Swim at the lake or fish at your leisure. Come and see for yourself the tranquility of Lake Peekskill. Commuters can drive to the city in an hour or a 15 min.drive to catch the nearest Metro-north. The manager has listed the unit size as 1340 square feet.
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| Aug 21, 2020 | No longer available | - | |
| No longer available | |||
| Aug 13, 2020 | Listed by RE/MAX Classic Realty | $339,000 | |
| Listed by RE/MAX Classic Realty | |||
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Welcome to the sweetest Lakeside Cottage just 1 hour north of NYC! Enjoy direct water access where you can walk right down to the beach from your backyard. Swim, fish, canoe, or soak up the sun while forgetting all of life's stressors. Great for retirees, a weekender, starter or vacation property. This charming home features a warm and inviting entryway with wood-burning stove surrounded by gorgeous stone, next a bright and airy kitchen with graceful white cabinetry flowing to an alluring dining room with windows from one side of the room to the next. There are 2 soothing bedrooms and 1 full bath also on this level. Walk down a stylish spiral staircase to a spacious family room and half bath, great area for guests or play. The property is wonderful with lovely layers to garden, entertain or for private relaxation. An awesome bonus is the large 2-level detached garage which makes for the ultimate man-cave, she-shed or storage space. 349 Lake is the perfect escape and a beautiful place! The manager has listed the unit size as 1340 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017