509 County Road 552
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 |
|---|---|---|---|
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by Coldwell Banker Apex, REALTORS | $215,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Looking for a lake getaway? This beautiful 2.5 acres on Lake Leon fits the bill. With 50+ mature trees, there is plenty of shade to keep you out of the summer sun. This 2 bedroom, 2 bathroom home provides the perfect setting for those weekend getaways!! A boat ramp on the property and a dock provide easy access for boats, jet ski, kayak, etc. Fire pit, steps to the lake, and a deck around this home provide all the desired accessories to enjoy your time at the lake. There are also two electrical outlets for RV hookup. Gather the family and come take a look before this one disappears!!! All measurements, school district and other information to be verified by buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017