361 Lake Ave
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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Apr 21, 2024 | Listed by eXp Realty | $400,000 | |
| Listed by eXp Realty | |||
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Offers must be submitted by Tuesday at 2 PM with an expiration time of 9 PM.Welcome to your lakeside retreat! Nestled next to Lake Quinsigamond, this 1395 sqft single-family home offers the perfect blend of convenience and charm. Enjoy public beach access and recreational amenities at Quinsigamond State Park just moments away. The property features a carport for 2 cars, great curb appeal, and a desirable sense of privacy. Inside, the spacious country-style kitchen offers stainless steel appliances, granite countertops, and plenty of cabinetry. The dining room is ideal for hosting gatherings or enjoying coffee with friends. With bright bedrooms and warm wood floors throughout, this home provides a welcoming atmosphere for relaxation. Step outside to the fenced yard, where kids and pets can play freely, or unwind on the deck with a quiet moment.
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| Oct 25, 2021 | Sold | ||
| Sold | |||
| Aug 30, 2013 | Sold | ||
| Sold | |||
| Jul 9, 2013 | Listed by eXp Realty | $224,900 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017