35 Durango Lane
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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | Listed | $875,000 | |
| Listed | |||
| Jan 17, 2024 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | Listed by Harry Norman, Realtors Luxury Lake and Mountain | $875,000 | |
| Listed by Harry Norman, Realtors Luxury Lake and Mountain | |||
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Welcome to your dream Lake Burton Getaway with lake access! This charming 3-bedroom, 3-bath cottage, complete with sleeping loft, a detached 1-car garage with a bonus 1BR/1ba guest quarter, is a hidden gem nestled in a serene lakeside community. As you approach this picturesque property, you will be greeted by a delightful screened porch. Discover a home filled with character as you step into the kitchen with granite countertops, stainless appliances, bead board cabinets and dining area. The cozy living room is a true retreat, with knotty pine walls, high ceilings adorned with exposed beams, and a stone fireplace that's perfect for those cozy evenings by the fire. From here, you can access the screened porch, where you'll find tranquility overlooking a stone patio and a second fireplace. The spacious decking extends your living space outdoors, making it ideal for entertaining friends and family while enjoying the fresh air and the sound of nature. On the terrace level, the owner's suite is a sanctuary featuring all-white wood walls and ceilings and an en-suite bathroom with double vanities. On the main floor, a guest bedroom awaits with its own full bath, pine bead-board accents, and French doors leading to the screened porch. Upstairs, you'll find another bedroom, a sleeping loft, and yet another full bath, making this cottage perfect for hosting guests. What truly sets this property apart is its exclusive lake access at the Getaways, offering you the opportunity to fully embrace the Lake Burton lifestyle. Whether you are swimming, boating, or simply enjoying the breathtaking views, this property grants you the privilege of affordable lake living at its finest.
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| Oct 27, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017