4385 M 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 |
|---|---|---|---|
| Mar 1, 2017 | Sold | ||
| Sold | |||
| Aug 11, 2016 | Sold | ||
| Sold | |||
| Apr 26, 2016 | Listed by TREVOR WATERS REALTY, INC. | $34,900 | |
| Listed by TREVOR WATERS REALTY, INC. | |||
| Sep 19, 2011 | Listed by TREVOR WATERS REALTY, INC. | $35,000 | |
| Listed by TREVOR WATERS REALTY, INC. | |||
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POSSIBLE OWNER FINANCING for qualified buyer on this 6.08 acres.Property would make a nice home site with lots of privacy and room for the horses to roam. There is an existing well, septic, and power pole that was installed on property in 1994, from a previous mobile home. The mobile home has been removed from property and owner does not warranty well or septic.
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| May 9, 2008 | Listed by TREVOR WATERS REALTY, INC. | $35,000 | |
| Listed by TREVOR WATERS REALTY, INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017