47 Lake Way
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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by William Raveis-New York, LLC | $675,000 | |
| Listed by William Raveis-New York, LLC | |||
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AO 7/11 CTS Lake Living! Expanded Cape nestled on over a level acre...on dead end street... enjoys one of Lake Purdys' best locations. This community is located within the hamlet of Purdys in the Town of Somers with Somers Schools. Walk to the lake and jump right in... Enjoy Swimming, Fishing and BBQs along with many activities sponsored by the lake association or simply relax on the lifeguard protected beach. In the winter the lake offers ice skating, hockey and other winter fun activities! Chef's dream kitchen opens to main living space with fireplace and outdoor deck and patios...perfectly suiting today's lifestyle. Ideal for intimate gatherings or large groups. First floor master bedroom and master bath. Stackable laundry could easily be placed in closet near powder room allowing for One Level Living! Treat yourself to some quiet time in the enclosed sun filled front porch! Need more space? The carport is able to support an addition so easy to expand. Although tucked away this home is minutes to Route 684, Metro North Station, stores and restaurants in the Somers Town Center. Commuters Dream! Low Taxes! Have it all at a price you can afford!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017