481 North Shore 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 |
|---|---|---|---|
| Aug 8, 2026 | Listed by Sendero Properties, LLC | $375,000 | |
| Listed by Sendero Properties, LLC | |||
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by Sendero Properties, LLC | $335,000 | |
| Listed by Sendero Properties, LLC | |||
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Welcome to your peaceful lakefront retreat! This furnished cozy 2-bedroom, 1-bath lake cabin is nestled among the oak trees on beautiful Lake Cisco. Step inside to find a rustic and inviting interior. The open living and kitchen offers plenty of room for gatherings and the new windows showcase stunning views of the lake. The fully equipped kitchen is complete with appliances, butcher block top island and ample counter space. The cabin boasts two well-appointed bedrooms, each thoughtfully decorated to ensure a restful night's sleep. A single bathroom, complete with a shower tub combo, provides convenience for all occupants of the cabin. Enjoy the screened in porch or step onto the spacious deck that serves as a perfect spot for dining. A new concrete patio was added for additional outdoor living space. New 20 x 25 Trex private dock with electric boat lift located in some of the deepest waters Lake Cisco has to offer. Storage building with electricity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017