5025 Lake Road
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 5, 2023 | Sold | $100,000 | |
Sold | |||
Jul 19, 2023 | In contract | - | |
In contract | |||
Jul 19, 2023 | Relisted | $150,000 | |
Relisted | |||
Jul 14, 2023 | In contract | - | |
In contract | |||
Jul 7, 2023 | Listed by Howard Hanna | $150,000 | |
Listed by Howard Hanna | |||
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WELCOME TO HOLLANDS COVE!!!SELLING AS IS!! THE PERFECT GETAWAY IS
RIGHT HERE IN WILLIAMSON. HERE YOU HAVE A COTTAGE THAT IS
YEAR-ROUND OR COULD BE YOUR WEEKEND GETAWAY, THE LAND IS OWNED!!!
IT OVER LOOKS THE WATER. BEAUTIFUL VIEW ANYTIME OF YEAR. THIS
COTTAGE SITS ON A CORNER LOT. INSIDE YOU WILL FIND ONE BED ONE
BATH. LOTS OF CUPBOARD AND COUNTER SPACE IN KITCHEN. THE CRAWL
SPACE IS IN THE CLOSET OF THE LAUNDRY AREA. YOU CAN SIT IN THE
LIVING ROOM AND LOOK AT THE BEAUTIFUL WATERVIEW…
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