51 Georgetown Drive
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%.
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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 |
|---|---|---|---|
| Dec 5, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $289,000 | |
| Listed | |||
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Great location on Locke Lake with 220' of owned lake frontage. This property has been well maintained and offers total privacy with two lots of record and abuts an association "green space" and blueberry fields behind the property. The deck is new, spacious and gorgeous and the views are wonderful overlooking the lake. There's 2 levels of finished living space with double sliders on each level. Many bedrooms, two full baths, a gathering space on each floor and a screen porch that will be well loved. This home has a large yard and the extra lot allows a for a nice play space or added parking. Don't delay seeing this property as it is in a desirable neighborhood with very private water frontage with a large deck at waters edge and private dock just steps away. The manager has listed the unit size as 1248 square feet.
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| Aug 4, 2017 | Listed by Maxfield Real Estate/ Alton | $289,000 | |
| Listed by Maxfield Real Estate/ Alton | |||
| Jan 8, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017