3565 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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | Listed by The Real Estate Firm Inc. | $824,900 | |
| Listed by The Real Estate Firm Inc. | |||
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Enjoy year round water at this beautiful 3 bedroom 2 bath Douglas Lake home on 5 acres with approx. 800ft of shore front and a floating deck! Unfinished walk out basement has plenty of room to add an additional bedroom, living room/game room and is already plumbed for an additional bathroom! Features include: NEW paint on entire exterior (including trim) and interior, NEW 16x20 TREX deck with 8ft wide stair case and vinyl railing, NEW trusses on both top and bottom decks, NEW Stainless commercial 2 door refrigerator and single door freezer in garage, NEW septic field lines, NEW septic tank top added for above ground access, upgraded vinyl siding windows, floor to ceiling brick fireplace, Granite in kitchen, solid Corian bathroom countertops, tiled showers, and solid wood flooring throughout.
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| Nov 19, 2020 | Sold | ||
| Sold | |||
| Oct 2, 2020 | Listed by 10 Realty LLC | $520,000 | |
| Listed by 10 Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017