5190 E LAKESIDE Drive
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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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Aug 13, 2023 | Listed by Links Real Estate | $1,795,000 | |
| Listed by Links Real Estate | |||
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VERY RARE 4 Bed 4 Bath Donald Wexler designed Mid Century Modern Villa. Built in 1965 by the Alexander Construction Company, this was the model home for the renowned Green Fairway Estates. Recently restored, updated and expanded to 2,574 sq ft this home now features everything a modern homeowner could ask for. Starting with a new roof and 39 hidden solar panels producing more electricity than you'll ever need. There is a new 200 amp electrical panel, 2 new water heaters and a charging station in the garage for your EV. Inside are large scale tile floors throughout, a fabulous ''Alexander Cone'' fireplace and gorgeous stone stack walls. The chef's kitchen features a sub zero refrigerator, custom cabinets, dual Bosch dishwashers, a wine cooler, pantry and beautiful quartz countertops. Plus a huge attached casita with kitchenette, dining area and fireplace for your guests. The central AC unit has two additional mini splits to keep the entire house chilled. Custom window coverings and tile work throughout. This extraordinary home is being sold TURN KEY FURNISHED! Move in immediately or earn big money as a high end vacation rental. This South Palm Springs neighborhood has one of the lowest short term rental densities in the city. Outback is a sparkling pool with new heater and gas line, a new Weber grill and multiple conversation areas. It backs onto the Tahquitz Creek Golf Course with no power lines blocking the fabulous views. You OWN THE LAND and there is NO HOA!
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| Mar 15, 2018 | Sold | ||
| Sold | |||
| Feb 12, 2018 | Listed by The Paul Kaplan Group Inc | $550,000 | |
| Listed by The Paul Kaplan Group Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017