41 Lake 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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Keller Williams Realty-Merrimack | $939,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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This 4-bed, 3.5-bath home offers comfort, space, & versatility. The upgraded kitchen features quartz counters, SS appliances, induction cooktop & island with breakfast bar, offering access to the back deck, perfect for entertaining! Adjacent family room is accompanied by a fireplace, cathedral ceilings & attached sunroom. Dining room flows nicely into the living room. Upstairs offers all 4 BRs & 2 full bath, including the primary along with en-suite bath with tiled shower, radiant floors & WIC. The finished walkout lower level includes a full bath & soundproof media room, currently used as a gym. The 3rd floor provides potential for future expansion. Enjoy the outdoors with large composite deck overlooking the patio & professionally landscaped yard. A true highlight of this property is the 36x48 detatched radiant heated garage with separate utilities, perfect for hobbies, storage, or potential business use. All of this set on over 2 acres. Schedule your showing today to see this gem!
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| Sep 19, 2019 | Sold | ||
| Sold | |||
| Aug 1, 2019 | Listed by LAER Realty Partners | $579,900 | |
| Listed by LAER Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017