351 Lakeside Road
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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%.
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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 |
|---|---|---|---|
| Jan 17, 2020 | Sold | ||
| Sold | |||
| Nov 1, 2019 | Listed by Smitchger Realty | $209,000 | |
| Listed by Smitchger Realty | |||
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Moving mural of Orange Lake from this renovated cottage with lake access. Orange Lake is a 400 acre private lake for 4-season fun. Minutes to Rte 84, NYS Thruway, 9-W and shopping. Move in condition. Renovations include HVAC, roof, siding, windows, doors, kitchen & bath, 12 x 20 exterior composite deck facing lake, and patio & walkway pavers . Very large entrance foyer serves as an extra room and is adjacent to a small area for study/office. Many extras including Nest thermostat for remote users. Non-working brick fireplace. Kitchen has DeLonghi gas stovetop range and electric convection oven and warming drawer. KitchenAid fridge with bottom freezer. Attic is floored for storage and has 2 windows. Outdoor patio with chiminea and concrete benches. 2 outdoor vinyl sheds. Listing agent discloses interest.
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| Oct 12, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017