5086 HWY 70 #2
About This Property
The manager has listed the unit size as 1979 square feet.
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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%.
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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.
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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 22, 2023 | No longer available | - | |
| No longer available | |||
| Jul 1, 2023 | In contract | - | |
| In contract | |||
| Apr 24, 2023 | Listed | $499,000 | |
| Listed | |||
| Jul 2, 2020 | No longer available | - | |
| No longer available | |||
| May 27, 2020 | Listed | $329,000 | |
| Listed | |||
| | |||
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This wonderful condo sits conveniently located BOTH on the quiet shores of the Eagle River Chain of 28 lakes and just outside of Eagle River by maybe 4 minutes! Perfect location by boat or car! Built in 2007 this unit is in "like new" condition and has always been a second home so is also "barely used"! It offers three levels of meticulously maintained living space offering 2 master suites, a cozy main level great room with a lakeside deck AND a privacy wall overlooking gorgeous river views. The lower level offers you a full walkout riverside where there is a gentle slope to your own deeded pier spot on the chain. What makes this spot so special for a condo? 1. Designated pier space on the chain of lakes. 2. LOW condo fees - $150/month 3. Lower level walk out and windows (only 4 units in this association offer this) 4. TWO car attached garage for storage and 5. This condo association is small so this is truly a Northwoods neighborhood! All priced to sell under 330k! The manager has listed the unit size as 1900 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/13/2024
|
3 Bed
|
4 Bath
|
2459 ft²
|
$574,900
3 Bed
4 Bath
2459 ft²
|
-
-
|
JULIE WINTER-PAEZ
RE/MAX PROPERTY PROS
| |
|
05/25/2023
|
3 Bed
|
4 Bath
|
2550 ft²
|
$549,000
3 Bed
4 Bath
2550 ft²
|
-
-
|
JAMES MULLEADY
COLDWELL BANKER MULLEADY-ER
| |
|
04/24/2023
|
2 Bed
|
4 Bath
|
1979 ft²
|
$499,000
2 Bed
4 Bath
1979 ft²
|
-
-
|
BRENDA SCHMIDT
RE/MAX PROPERTY PROS
| |
|
05/13/2022
|
2 Bed
|
4 Bath
|
1900 ft²
|
$437,500
2 Bed
4 Bath
1900 ft²
|
-
-
|
JULIE WINTER-PAEZ
RE/MAX PROPERTY PROS
| |
|
04/18/2022
|
2 Bed
|
4 Bath
|
1900 ft²
|
$395,000
2 Bed
4 Bath
1900 ft²
|
-
-
|
DAVID ELIASON
ELIASON REALTY OF THE NORTH/ER
| |
|
08/03/2021
|
3 Bed
|
4 Bath
|
2554 ft²
|
$399,000
3 Bed
4 Bath
2554 ft²
|
-
-
|
ROBERT MERZ TEAM
RE/MAX PROPERTY PROS
| |
|
07/09/2020
|
3 Bed
|
4 Bath
|
2554 ft²
|
$329,000
3 Bed
4 Bath
2554 ft²
|
-
-
|
-
| |
|
05/27/2020
|
2 Bed
|
4 Bath
|
1900 ft²
|
$329,000
2 Bed
4 Bath
1900 ft²
|
-
-
|
-
| |
|
06/23/2019
|
2 Bed
|
4 Bath
|
1900 ft²
|
$319,000
2 Bed
4 Bath
1900 ft²
|
-
-
|
-
| |
|
05/24/2019
|
2 Bed
|
4 Bath
|
1900 ft²
|
$299,000
2 Bed
4 Bath
1900 ft²
|
-
-
|
-
| |
|
04/11/2019
|
3 Bed
|
4 Bath
|
2554 ft²
|
$349,900
3 Bed
4 Bath
2554 ft²
|
-
-
|
-
| |
|
04/03/2019
| |
3 Bed
|
4 Bath
|
2554 ft²
|
$325,000
3 Bed
4 Bath
2554 ft²
|
-
-
|
-
|
|
09/14/2018
|
2 Bed
|
4 Bath
|
1900 ft²
|
-
2 Bed
4 Bath
1900 ft²
|
-
-
|
-
| |
|
06/08/2018
| |
3 Bed
|
4 Bath
|
2554 ft²
|
-
3 Bed
4 Bath
2554 ft²
|
-
-
|
-
|
|
07/30/2017
| |
3 Bed
|
4 Bath
|
2550 ft²
|
-
3 Bed
4 Bath
2550 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017