3515 Lake Varano Circle
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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 20, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Listed by 5th Stream Realty | $455,000 | |
| Listed by 5th Stream Realty | |||
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Imagine waking up to the gentle ripples of the lake right outside your window, were the golden sunsets cast a warm glow on the water! This 3 bedroom, 2 bath offers more than just a residence, it's a gateway to a life of tranquility and natural beauty. Outside of being energy efficient this is the ultimate entertainment home. Huge open concept kitchen with a gas range top and open breakfast room. The living room opens to the kitchen with access to the backyard. Gas burning fireplace and high ceilings with upgraded doors throughout. Enjoy your primary suite with the bay window seating and spacious bath. Spacious secondary bedrooms. Enjoy kayaking, fishing and peaceful moments on your own private boat dock. All appliance stay!
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| Jan 2, 2024 | Sold | ||
| Sold | |||
| Dec 27, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017