42 Lake Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Birch Properties | $940,000 | |
| Listed by Birch Properties | |||
| | |||
|
WATERFRONT on the STOCKBRIDGE BOWLDiscover the charm of lakeside living with this captivating cottage on the shores of the Stockbridge Bowl. Situated on a quiet road, this beautifully kept sanctuary sprawls across a generous lot, culminating in a stretch of private waterfront with your own dock. This sweet cottage boasts a significant stretch of lake frontage, offering a personal gateway into a world of natural beauty and calm. Re-envisioned with care in 2001, the cottage strikes the perfect balance between contemporary convenience and classic country allure.Step inside to find soaring cathedral ceilings that enhance the sense of space, creating an atmosphere that's equally suitable for quiet family life or hosting memorable gatherings. Central AC and various other modern comforts ensure a cozy environment at any time of the year. Picture yourself spending sunny days engaging in water activities and cool evenings taking in Tanglewood's fireworks displayfrom the water.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017