3955 E Lake Hernando Lane
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 |
|---|---|---|---|
| Apr 16, 2020 | Sold | ||
| Sold | |||
| Jan 30, 2020 | Listed by Coldwell Banker Investors Realty | $206,000 | |
| Listed by Coldwell Banker Investors Realty | |||
| Nov 20, 2018 | Listed by American Realty & Inv., ERA - Inverness | $192,500 | |
| Listed by American Realty & Inv., ERA - Inverness | |||
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Arbor Lakes 55+ Lakefront Community - Beautiful 3/2/2 and additional living area in enclosed Florida room, this home is move in ready and has been impeccably maintained. With indoor laundry, pantry, extra closets and screened lanai with hot tub that stays, Roof replaced in 2017, AC in 2013 - this won't last long in a great community with lake access to Tsala Appoka chain in Hernando. Enjoy amenities of boating, rails to trails bike path, solar heated pool, tennis, fitness, clubs and classes at clubhouse, near town, shopping and plenty of fishing. Low HOA fees reflect 2019 increase. Owner motivated and optional space is available in RV/boat storage lot within community for additional cost.
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| Dec 4, 2012 | Sold | ||
| Sold | |||
| Oct 29, 2012 | Listed by Coldwell Banker Investors Realty | $124,900 | |
| Listed by Coldwell Banker Investors Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017