420 Lake Road
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 10, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Catamount Realty Group | $715,000 | |
| Listed by Catamount Realty Group | |||
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Your dream home awaits! Enter the property and admire the gorgeous blue stone walkway adorned w/ beautiful perennials, flowers, and bushes. Notice the stone walkway to the side wandering through the perennial gardens. Enter the home and view the first-floor bedroom, sitting room, and a bathroom offering a tile shower & flooring across the hallway. Perfect for an in-law suite, guest suite, or remote office. Enter into the great room with the cathedral ceilings, hardwood flooring, abundance of natural lighting, and an attractive Hearthstone woodstove. To the left is the sitting area & an amazing gourmet kitchen with copious counter space, granite countertops, a pantry to envy, a large center island with plentiful storage space, stainless steel appliances, a professional stove, wall oven, and microwave. If you love to play in the kitchen, this is your place to be! Upstairs is the large primary bedroom suite with a sitting area and balcony overlooking the great room. Check out the beautifully created bathroom with plenty of cabinet space, two vanities, & a large, tiled shower to brag about. Second full bathroom upstairs with a soaking tub. Large basement has an amazing amount of storage and is a walk-out leading to the vast gardens in the backyard. Amazing professional volleyball court with night lighting. Large open field in the back perfect for horses. Oversized two-car garage. Check out the large deck in the back that has a retractable awning for shade and hot tub to relax in.
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| Nov 19, 2021 | Sold | ||
| Sold | |||
| Sep 27, 2021 | Listed by Coldwell Banker Hickok and Boardman | $649,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017