5 Lakeview Dr
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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Keller Williams Realty-Merrimack | $555,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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A true rare opportunity to own a 55+ restricted 2010 built single family ranch in the sought-after Lakeview subdivision. Out of the total 27 lots, only 4 lots are 55+ restricted. It has perfect 1424sqft with a master suite, two guest bedrooms & a second full bath, ideal for downsizers who treasure a lifestyle of independence and their own land. Farmer's porch, cathedral ceiling, open concept plan, maple cabinets with granite countertops, SS appliances, all hardwood floor, walk-in closet, a laundry room, two oversized car garages, shed, fences by a reputable builder. Improvements: driveway expansion designed at the left side of the house to park your boat, trailer or camper. Hydromassage tub 2015, Composite deck, retractable sun shade awning & expansive patio 2014. Less than 10 minutes from Route 2, less than 5 minutes from the commuter rail, and close to shopping plaza.
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| May 11, 2012 | Sold | ||
| Sold | |||
| Jul 11, 2011 | Sold | ||
| Sold | |||
| Jun 18, 2010 | Listed by LAER Realty Partners | $249,900 | |
| Listed by LAER Realty Partners | |||
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55 and older building site in the new and very picturesque Lake View Sub-division. What makes these properties unique is that they will be detached with their own driveway and yards to input your personal touches. These homes are perfect for the people who want to downsize without giving up any of their independence. It's your house and your land. No condo boards or attached unit to interfere with your lifestyle. Being built by an experienced local builder with a positive track record.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017