48 Stevens Park Rd
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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by Real Broker MA, LLC | $450,000 | |
| Listed by Real Broker MA, LLC | |||
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Discover your slice of lakeside paradise at 48 Stevens Park Rd! This charming 3-bedroom, 1-bath seasonal cottage is nestled on the shores of Glen Echo Lake. Imagine summer days filled with boating, fishing, and swimming right outside your door. The fireplaced living room invites cozy evenings after a day on the water, while the serene lake views offer a perfect backdrop for relaxation or entertaining guests. The standout feature is the sunroom, where you can admire panoramic views of Glen Echo Lake while enjoying the comfort of being indoors. Whether you’re seeking a tranquil retreat, a lucrative Airbnb opportunity, or both, this property delivers. A bonus 0.12 acre lot is included across the street (lot 17A-G-41). Two garage bays in the back of the home provide storage for jet skis, kayaks, boats. Conveniently located near MA Pike, Route 20, and Route 84, this peaceful lake community blends natural beauty with commuter-friendly access. Your waterfront haven awaits!
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| Jan 2, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017