511 LAKEWAY 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%.
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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 28, 2018 | Sold | ||
| Sold | |||
| May 7, 2018 | Listed | $549,000 | |
| Listed | |||
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This Fantastic House Is Situated On One Of The Best Lakefront Lots In Marsh Creek With Panoramic Views And Water On 2 Sides Of The Home. It’s In Excellent Condition And Shows Beautifully! You Will Fall In Love With The Enclosed Lanai And Lakefront Patio With Shade Trees Overlooking The Stunning Natural Scenery Of The Lake.,The Kitchen Is Gorgeous With Granite Countertops,Stainless Appliances Including A Bosch Dishwasher As Well As A Work Station Or Butler’s Pantry Area That Is Useful Any Time Of The Day. Other Features Include Hardwood Flooring,A Waterfront Master Suite,Separate Living Room,Family Room And Dining Room,A Central Vac System,Plantation Shutters,Crown Molding,A Wood Burning Fireplace,Paver Driveway And Many Other Details. Come See For Yourself! The manager has listed the unit size as 2468 square feet.
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| Mar 1, 2018 | Listed by WATSON REALTY CORP | $549,000 | |
| Listed by WATSON REALTY CORP | |||
| Nov 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017