416 Maple Lane
About This Property
Private - Wooded - Lakefront. Welcome to Maple Beach! This meticulously cared for, craftsman style bungalow features 3 bedrooms, 2.5 bathrooms, two private office spaces, open kitchen, dining, and living room with glistening views of Wagner Lake. An intimate screened porch and gas fireplace sit in the rear, and a sprawling, lake-facing front deck offer incredible outdoor living spaces. Enjoy the tranquility of 65 uninterrupted acres of woods and the 40 acre, spring fed Wagner Lake. The community of craftsman style cottages is situated around an association pool, sandy beach, and community lawn with room for all. Don't wait to schedule an appointment!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017