37 Lakefront Drive
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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Dec 31, 2023 | In contract | - | |
| In contract | |||
| Nov 30, 2023 | Listed by Keller Williams Realty Professionals | $349,000 | |
| Listed by Keller Williams Realty Professionals | |||
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Welcome to Hilltop Lakes. This home is situated on over an acre lot with a view of the lake. As you enter the main home you are greeted with soaring ceilings and an open concept floorplan with a Chef's Kitchen. The primary bedroom is located downstairs along with a second guest bedroom. Upstairs you will find a large bedroom with so many possibilities and a 3rd bathroom. The home offers a bonus room that provides versatility and convenience that is not included in the square footage. Hilltop Lakes is a vibrant community offering many amenities. From an airport for convenient travel, a scenic golf course for leisurely play, to a delightful restaurant serving great pizza and burgers, residents here enjoy a lifestyle of comfort and relaxation. With additional offerings like a church, putt putt golf, swimming pool, and horse facilities, Hilltop Lakes is the perfect destination for those seeking a fulfilling and enjoyable living experience. Call today and see why so many love Hilltop Lakes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017