5155 Lake Drive
About This Property
Discover the difference in exceptional quality w/ this newly constructed home in South Crestview. Built by Parade of Homes Award Winning Builder and convenient to military bases and I-10, this 3 bd/2 ba new build is located on nearly 3/4 of an acre. Exterior of the home boasts both a front covered porch and rear covered porch. Inside you will find LVP flooring throughout and an open floor plan. Kitchen boasts beautiful white cabinetry, stainless steel appliances and quartz countertops. Master suite has dual vanity, walk-in closet and shower. Nice sized guest rooms and lots of storage space! Finished out garage and pull down attic stairs.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed by ERA American Real Estate | $279,900 | |
| Listed by ERA American Real Estate | |||
| Apr 2, 2025 | Price Decreased |
$279,000
↓ $11K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017