451 Lake Avenue
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 |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by Engel & Volkers By the Sea | $285,000 | |
| Listed by Engel & Volkers By the Sea | |||
| May 10, 2019 | Sold | ||
| Sold | |||
| Mar 26, 2019 | Listed by Keller Williams Realty Leading Edge | $279,000 | |
| Listed by Keller Williams Realty Leading Edge | |||
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Wow! Waterfront ranch/cottage completely revived, renovated, and rehabbed just in time for the better weather heading our way! Brand new dock with eastern views of lake, 2nd story deck overlooks mini putting green, terraced gardens and walkway to water. Entertainment room in walkout lower level with covered terrace to sit and watch the sunrise! Two bedrooms, bath and laundry as well as double living room and kitchen complete a perfect hideaway from the chaotic working world. Come home to the serenity of the lake and enjoy this low maintenance home! Interior photos coming soon!
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| Jul 8, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017