525 LAKEWAY Drive
About This Property
*Wall paper in master and guest bathrooms has been removed and walls freshly painted. Marsh Creek patio home fees include lawn maintenance of $140. per month(includes fertilizing, irrigation, weeding, mulch, hedge trimming) and master association fee for community of $410. per quarter totaling $277. per month. Membership to private Marsh Creek County Club is optional and have separate fees depending on membership type chosen.
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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 |
|---|---|---|---|
| Oct 29, 2019 | Sold | ||
| Sold | |||
| Jul 29, 2018 | Listed by WATSON REALTY CORP | $399,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017