3613 Brandy Road
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 |
|---|---|---|---|
| May 12, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by Possum Kingdom Real Estate | $300,000 | |
| Listed by Possum Kingdom Real Estate | |||
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This east facing thickly wooded lakefront Lot W-21 totals 1.23 acres, and has 163 feet of shoreline with great views. An existing walkway and swim dock makes it easy to get out there and catch fish, and to tie your boat up along side. There is a ole time grandfathered-in boat rail system that may be refurbished with a permit from the BRA. Brandy Road is in a remote southwest portion of PK near the entrance to the State Park. The topography of the lot varies from the top hilltop part of the lot by the road, and slopes downhill to the lakefront. A covered patio is situated down near the shoreline. Also, there is a nostalgic 1964 manufactured home on the property that will provide shelter. C'mon out and play at PK
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017