515 Lakeview Lane
About This Property
Listed By
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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 25, 2026 | In contract | - | |
| In contract | |||
| Jun 8, 2026 | Price Decreased |
$289,000
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$299,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jan 30, 2026 | Listed by Oro Realty | $310,000 | |
| Listed by Oro Realty | |||
| Sep 4, 2023 | Listed by Chappell Home Sales LLC | $325,000 | |
| Listed by Chappell Home Sales LLC | |||
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If you're looking for that great getaway, this is it! This property feels much larger than it is. Great two bedroom ranch style cabin with water frontage to a small lake in the back. You can fish in your own backyard! This cute cabin is built on two lots totaling about 3/4 acre. Additionally, the cabin comes furnished! Just let the owners remove some personal items and it is move in ready! There is plenty of room for boat and RV parking. The Birch State Park is literally around the corner which has camping, boat ramp and access to Lake Somerville. The owners spared no expense building this gorgeous getaway. You have to see it to believe it!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017