3625 RECREATION Lane N
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 1, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | No longer available | - | |
| No longer available | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
| Feb 10, 2023 | Listed by MVP Realty Associates LLC | $599,900 | |
| Listed by MVP Realty Associates LLC | |||
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This well cared for home is situated on an oversized lot with a HUGE fenced back yard! This home has a NEW roof (approx 1 year old), updated appliances, high ceilings, hurricane impact windows and a spacious floor plan that has split bedrooms and ample closet space. The back yard is a rare find in a gated community - plenty of space for a pool, children or dogs! Forest Park is a gate community that offers low HOA fees, community pool, exercise room and an active social calendar. Located just minutes to shopping, restaurants, 75 and a short drive to Naples' white sand beaches! The manager has listed the unit size as 2224 square feet.
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| Nov 1, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017