48 Lakeshore Drive
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 |
|---|---|---|---|
| May 24, 2018 | Sold | ||
| Sold | |||
| Feb 7, 2018 | Listed by Keller Williams Realty | $359,900 | |
| Listed by Keller Williams Realty | |||
| Apr 11, 2017 | Sold | ||
| Sold | |||
| Jan 7, 2015 | Listed by Keller Williams Realty | $179,000 | |
| Listed by Keller Williams Realty | |||
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Cash or Rehab loan only. Great corner lot! Wonderful location, walk to the pond with beach rights, versatile floor plan. Wood burning fireplace in the living room, very warm and cozy just needs some updating. Newer Master with Cathedral ceiling and sliders to the patio and pool area. In ground pool just needs a new liner. Extensive stone and patio work surrounding the pool, patio and entry. New stone chimney and stone walls all done by licensed mason. Septic is buyer's responsibility. Property sold in "as is" condition.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017