507 Lake View Drive
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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 |
|---|---|---|---|
| Jul 28, 2021 | Sold | ||
| Sold | |||
| Jun 26, 2021 | Listed by eXp Realty, LLC | $220,000 | |
| Listed by eXp Realty, LLC | |||
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Come see this adorable home in Cape Conroe. This cute 3 bedroom 2 bath offers a split floor plan along with a large family room opening up to kitchen and dinning room. New flooring throughout the home. Fenced in back yard with new decking to enjoy those summer nights. Home has new lighting, a new water heater and a insulated garage. Enjoy the amenities of Cape Conroe including boat ramp access to Lake Conroe plus a fishing pier. Great Montgomery schools! Welcome home to Cape Conroe. House will be ready for showings after 5:00 Saturday June 26
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017