3505 Lake Pontchartrain 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 |
|---|---|---|---|
| Mar 23, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by Berkshire HathawayHS PenFed TX | $390,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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SINGLE-STORY NEAR LAKE, AWARD WINNING MARTIN HS! Stylish home boasting fresh interior paint, new roof, updated kitchen, decorative lighting & skylights, cozy stone fireplace & plantation shutters on windows that flood the home w. natural light. Kitchen featuring granite countertops, double oven & large island. Enjoy sunroom listening to nature & birds chirping. End your day in private master suite showcasing a separate His & Her vanity, large walk-in shower, spacious walk-in closet w. built-in dresser, & attached flex space for nursery or study Spend time w. loved ones in the sizable backyard w. builtin grill and large deck. LOCATION w. lake views on street, community offers private boat dock, tennis courts etc
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017