3589 Old Lighthouse 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 |
|---|---|---|---|
| Jul 5, 2022 | Sold | ||
| Sold | |||
| Aug 6, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $339,000 | |
| Listed | |||
| | |||
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This property will not last! This 3/2/2 single story home is situated on a pie shaped lot with majestic lake and sunset views out back. Owner has recently replaced the AC unit, all appliances, kitchen countertops and backsplash, carpeting, brand new screen enclosure that meets all codes and requirements, new fixtures in many of the rooms, brand new paint inside as well as garage and garage floor, new vanity and toilet in Master Bath, etc. This home has plenty of room for a pool and yard can be fully fenced in as well. Grand Isles is a beautiful subdivision zoned for A rated schools, close to shopping, hospitals, turnpike and all Equestrian Venues. Low HOA dues make this 24 hr gated community especially attractive to first time home buyers. Call to schedule your private viewing today The manager has listed the unit size as 1536 square feet.
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| May 14, 2018 | Sold | ||
| Sold | |||
| Feb 14, 2018 | Listed by Engel & Volkers Wellington | $339,000 | |
| Listed by Engel & Volkers Wellington | |||
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About Orange Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017