40 Lake 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 14, 2020 | Sold | ||
| Sold | |||
| Jul 16, 2020 | In contract | - | |
| In contract | |||
| Jan 13, 2020 | Listed by Houlihan Lawrence Inc. | $625,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Nov 21, 2018 | No longer available | - | |
| No longer available | |||
| Oct 13, 2018 | Listed by Keller Williams Realty Partner | $695,000 | |
| Listed by Keller Williams Realty Partner | |||
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Very special, very rare, Garden Lake Home on 1.9 acres w/475 ft of prime frontage on private Lake Dutchess. Lake views abound from walls of windows in this light, bright two-level, two-bedroom + den contemporary punctuated with traditional details. The floor plan, property, two decks, & granite/stainless kitchen all make for memorable entertaining both inside and out. Enjoy privacy amidst the perennial gardens, dock, stone steps/patio/walls, & pergola w/ fountain. Only 1 hours from New York metropolitan area and 10 min from train. The manager has listed the unit size as 2217 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017