48 Lake Village Road
About This Property
PROPERTY HIGHLIGHTS:
• FULL 2024 RENOVATION: Brand-new roof, siding, plumbing, drywall, flooring, paint, LED lighting, & HVAC system-100% move-in ready!
• MODERN GOURMET KITCHEN: Brand-new custom cabinets, quartz countertops, stylish tiled backsplash, & sleek stainless-steel appliances.
• DESIGNER BATHS: All 3 bathrooms completely renovated w/ upscale fixtures & modern finishes.
• DOCK & OUTDOOR LIVING: 1-well dock featuring brand-new decking! Refurbished & stained covered + open decks designed for lakefront entertaining.
• INTERIOR ELEGANCE: Vaulted ceilings, rich wood floors, & massive windows flooded w/ natural sunlight.
• INVESTMENT POTENTIAL: Quiet cove setting w/ incredible rental income flexibility (*See rental revenue projection).
Every detail thoughtfully redone from top to bottom. Modern lakefront luxury priced to move fast-schedule your private tour today before this 3MM gem is gone!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017