403 Lee Road 781
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 |
|---|---|---|---|
| Nov 10, 2021 | No longer available | - | |
| No longer available | |||
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Sep 8, 2021 | In contract | - | |
| In contract | |||
| Jul 29, 2021 | Listed by CB Kennon,Parker,Duncan &Davis | $489,900 | |
| Listed by CB Kennon,Parker,Duncan &Davis | |||
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LOCATED IN DEEP WATER AREA OF LAKE HARDING WITH GREAT VIEWS. CUTE WATERFRONT HOME WITH 2 OR 3 BEDROOMS IF DEN IS USED FOR BEDROOM, 2.5 BATHS WALK IN CLOSET, WOOD BURNING FP. KITCHEN WITH GRANITE COUNTERS, ISLAND WITH COOK TOP, SS APPLIANCES. COZY SCREENED PCH FOR ENTERTAINING ALL SEASON. LOTS OF RECENT RENOVATIONS! BIG WATER VIEWS. BOATHOUSE WITH LIFTS FOR JET SKI AND BOAT. GEORGIA POWER LEASEHOLD LOT. TRANSFER FEE OF $6000. PASS THRU TAX $1449/YEAR. The manager has listed the unit size as 1918 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017