4116 Lake Park 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 |
|---|---|---|---|
| Nov 20, 2022 | No longer available | - | |
| No longer available | |||
| Oct 13, 2022 | In contract | - | |
| In contract | |||
| Oct 6, 2022 | Listed by Redfin Corporation | $799,900 | |
| Listed by Redfin Corporation | |||
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This is a very spacious 5 bedroom (optional 6th)+ 3 bath home located on a peaceful cul-de-sac street in the highly desirable Lake Rancho Viejo neighborhood. Enter the home to find a light and bright floor plan with high ceilings! This renovated retreat boasts: OWNED solar, NEW drought tolerant landscaping, an updated kitchen with an oversized center island, BRAND new oven + 5 burner range, CaesarStone quartz counters and a butlers pantry. Two bedrooms + full bath on the first floor. Spacious primary suite with dual walk-in closets, soaking tub, separate shower & double sinks, a convenient laundry room upstairs, Central A/C, water softener system, and so much more! The backyard features a covered patio with an outdoor ceiling fan and seating area that's perfect for dining al fresco all year round! Community walking trails, tot lots, and a seasonal lake. LOW HOA ($76/mo) and NO Mello Roos. Easy freeway access to HWY 76 & 15. The manager has listed the unit size as 2845 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 15, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017