3937 Lake Park Street
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 |
|---|---|---|---|
| Jul 30, 2022 | No longer available | - | |
| No longer available | |||
| Jul 2, 2022 | In contract | - | |
| In contract | |||
| Jun 29, 2022 | Price Increased |
$745,000
↑ $250K
(50.5%) | |
| Price Increased | |||
| Jun 13, 2022 | Listed by eXp Realty of California Inc | $495,000 | |
| Listed by eXp Realty of California Inc | |||
| | |||
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Family orientated community (highly desirable Lake Rancho Viejo, food truck nights, Easter egg hunts, craft fairs, tot lots, walking trails even around the lake, basketball court), great location (quick access to 2 major freeways, same distance from to Miramar or Camp Pendleton, close to wineries, golf courses, in one of the best school districts and on a cul-de-sac street) and a great house are just a few of the benefits of buying this home. Not to mention low HOA and no Mello Roos! This spacious 4 bedrooms (with dual walk-in closet in the main bedroom) 3 baths home (with a huge loft that can be converted in a 5th bedroom/office) features 9 feet high ceilings, a combination of rich laminate, carpet and tile flooring, upgraded baseboards and casing, crown molding and laundry room located conveniently on the second floor. In the kitchen you’ll find a large island, granite countertops and backsplash, 5 burner gas stove, double oven, cabinets galore & a pantry. The one bedroom and full-size bathroom on the first level is ideal for elderly/mobility restricted or guests. The tandem three car garage features epoxy floor coating, a crafting/work area and a lot of built-in storage (+ large storage area under the stairs). The upgrades continue in the fully fenced back yard as well with a miniature putting green, stamped concrete, raised planters (with mint, tomatoes and green onions), lemon and tangerine trees, a fire pit and bbq area where you can enjoy a cold drink and some family/friends quality time. Come see it before it’s gone! The manager has listed the unit size as 2845 square feet.
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| Jul 2, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017