3858 EAGLE WATERS RD #302
About This Property
The manager has listed the unit size as 1800 square feet.
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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 |
|---|---|---|---|
| Mar 11, 2022 | No longer available | - | |
| No longer available | |||
| Oct 20, 2021 | No longer available | - | |
| No longer available | |||
| Oct 20, 2021 | Listed | $349,000 | |
| Listed | |||
| | |||
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This beautiful condo is located on the third floor of Eagle Waters Kee-Mi-Con Lodge. Westerly views of Eagle Lake are unobstructed, and you overlook the pool and picnicking area. This condo has a history of great rentals, so you can choose your time and rent it out for return-on-investment with the onsite management company. This condo has a stately master bed with a full bath with a walk-in glass-and-tile shower, lockout with bedroom and full bath, bed in loft area, and open-concept living/dining/kitchen with a cozy gas fireplace. LR and MB have patio doors leading out to a covered deck. The amenities at Eagle Waters include a full-service restaurant, heated pool, fitness center, sauna, tennis courts and much more. With no chores to do, and extra income, this is a great way to play in the North Woods. On or near snomo, ATV/UTV and bike trails, national forest lands, and just a few minutes from shopping, restaurants and year-round events. The manager has listed the unit size as 1800 square feet.
| |||
| Nov 18, 2020 | Listed | $279,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/20/2021
|
3 Bed
|
2 Bath
|
1800 ft²
|
$349,000
3 Bed
2 Bath
1800 ft²
|
-
-
|
KEN BIEGEL
RE/MAX PROPERTY PROS
| |
|
11/18/2020
|
3 Bed
|
2 Bath
|
1800 ft²
|
$279,000
3 Bed
2 Bath
1800 ft²
|
-
-
|
KEN BIEGEL
RE/MAX PROPERTY PROS
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017