35 North Drive
About This Property
This completely refreshed lakefront home blends timeless charm with a modern, touch: featuring brand-new flooring, drywall, paint, and bathrooms throughout. Thoughtful updates to bring comfort and style to your everyday living. Amazing water view from the living room! Stucco board exterior with composite decking and 42 feet of pristine, level frontage! You'll love how easily the water meets your doorstep - no stairs, no steep banks, just pure lakeside ease. Whether you're seeking a year-round residence or a peaceful getaway, this home offers the perfect balance of relaxation and refinement. Attached garage takes care of storage. When the water calls... this is where you'll want to be. Close to US124, US12 and just minutes into Brooklyn, perfect location for vacation home or all year living! Make this lake house your home, today
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017