424 Lake Ave
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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Excelsior Realty | $499,900 | |
| Listed by Excelsior Realty | |||
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*Highest and Best Offers due Tuesday, September 23 @ 12 pm! RARE FIND in prime location! Welcome to this beautiful ranch home with waterview of Quinsigamond Lake. Walk in to gleaming hardwood floors on main level offering 3 comfortable sized bedrooms and newly renovated full bath. Equipped with all new stainless steel appliances, gorgeous new crystal white quartz countertops, and uniquely gloss-finished pine oak cabinets. Opens into dining room with slider doors to a bright spacious deck and sunny backyard. Meticulously clean finished tile basement, complete with full bath, ready for entertainment or any desired space. Walk to lake and park! Convenient to public beach area, UMass hospital, Rte 20, Mass Pike, Interstate 290, schools, and downtown areas!
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| Sep 1, 2020 | No longer available | - | |
| No longer available | |||
| Aug 21, 2020 | Listed | $349,900 | |
| Listed | |||
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Next showing is from 8/30/20 @ 1-2 by appointment only. UMASS MEDICAL, UNIVERSITIES AND BIO PARKS walking distance, convenient location near major routes, I-290, I-90, Rt 20, close to many amenities. LAKE VIEW. ranch with updates and upgrades including recent windows. Attached 2 car garage with ample parking. Great Finished basement, with a bonus room, media room, kitchen area, and bath perfect for a in law set up! Updated kitchen with sliders leads to large cedar deck and private back yard boasting over half an acre lot! Get the best of both worlds with this back yard privacy and commuter access of the city! The manager has listed the unit size as 1144 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017