3522 Lake Varano Circle
About This Property
As you step inside, you're greeted by a grand foyer leading into an inviting open-concept layout, perfect for entertaining. The master suite is conveniently located on the first floor, providing privacy and stunning lake views. Upstairs, you'll find four additional bedrooms, along with a media room and a library, ideal for movie nights and quiet reading spaces.
Enjoy the tranquil lake views from your backyard, with plenty of space for fishing right from your own property! Whether you're relaxing on the patio, hosting gatherings, or simply taking in the peaceful scenery, this home is a true retreat from the everyday hustle.
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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 |
|---|---|---|---|
| Sep 2, 2025 | Sold | ||
| Sold | |||
| Aug 17, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Relisted | $523,999 | |
| Relisted | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Listed by Big Lu Real Estate LLC | $523,999 | |
| Listed by Big Lu Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017