3990 Lake Shore 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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Price Decreased |
$184,900
↓ $100
(0.1%) | |
| Price Decreased | |||
| Feb 2, 2024 | Listed by Ann Jones Real Estate | $185,000 | |
| Listed by Ann Jones Real Estate | |||
| | |||
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Lakefront property on Lake Brownwood! This property boasts a spacious home with an open floorplan, recent updates including flooring, paint, and a motorized boat lift on the dock. Enjoy endless lake activities and stunning views from the large covered deck. With ample covered parking for vehicles and RVs, plus a backyard adorned with live oaks leading to the lake, it's perfect for entertaining or relaxing by the water. Whether you're seeking a weekend retreat or full-time lakeside living, this home offers it all, including prime fishing right at your fingertips. Call to schedule your showing today!
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| Jun 12, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017