3511 Needles Way
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 |
|---|---|---|---|
| May 30, 2014 | Sold | ||
| Sold | |||
| Apr 7, 2014 | Listed by Century 21 MVP | $229,900 | |
| Listed by Century 21 MVP | |||
| Apr 29, 2013 | Listed by Century 21 MVP | $229,900 | |
| Listed by Century 21 MVP | |||
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Cozy and Private on the lake with a Great Mountain View! A 2,128 sq.ft custom built Heritage log cabin on Douglas Lake in a private wooded setting. 3.43 acres of land. 1 car garage. The owners designed and built this beautiful home and have been enjoying it ever since, this is the first time it is ever being offered for sale. Enjoy a large open floor plan Kitchen and Dining area. Sit at the dining table and look out the glass doors to your oversized deck and the mountains & Lake beyond. The lot is heavily wooded with young growth and can be cleared with ease to give you a large sloping yard right to the waters edge. This would really open the view from the cabin as well. Ready for Energy Savings?! The owners spent over $17,000. on a state of the art solar panel system (10 large Panels) that not only gives you free electricity but provides enough to sell back to the electric company. Depending on your use, you could have single digit electric bills! The efficient wood stove in the living room will keep you toasty in winter for pennies a day. Upstairs is a large Master Suite and an oversized Loft that can be used for almost anything. The basement/Garage has lots of space for the car (2 if you put one behind the other) and storage / work area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017