461 N Forest Cove Loop
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 18, 2023 | Sold | ||
| Sold | |||
| Sep 20, 2023 | Listed by Martha Turner Sotheby's International Realty | $799,900 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Situated on a prime lot and nestled within the prestigious gated community of Cape Royale, this one-of-a-kind lake house offers unparalleled open-water views and features 120 ft of waterfront. A 2-story home that is designed for lake life! The first floor boasts 3 bedrooms each with walk-in closets and ensuite bathrooms. There is an additional 4th bedroom on the first floor that makes the perfect bunk room game room. The second-story floor plan is complete with vaulted ceilings and a wall of windows that provide ample natural lighting and make the most of the tranquil open water lake views. The open-concept kitchen, living, and dining areas are perfect for gatherings. This entertainer's dream includes a second-floor wet bar, wine fridge, and dining deck perfect for enjoying your morning coffee. Just steps away is your private boat house with electrical and lighting providing ample opportunity for boating and water sports.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017