5259 HAMMOCK LAKE Drive
About This Property
*Stunning Lakefront Retreat!*
Serene lake views await at this picturesque 4 bedroom, 2 bathroom doublewide manufactured home, perfectly situated on a sprawling 1.61-acre lot.
*Key Features:*
- Spacious 4 bedroom layout, ideal for growing families or entertainers
- 2 bathrooms for added convenience
- Detached garage for ample storage and parking
- Breathtaking lake views, perfect for nature lovers
- 1.61-acre lot offers plenty of outdoor space for recreation or relaxation
*Details:*
- Manufactured home built in 2001
- Sold ''As-Is'' for buyer customization
*Don't miss this incredible lakefront opportunity! Schedule your showing today!
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 23, 2025 | Price Decreased |
$229,500
↓ $21K
(8.2%) | |
| Price Decreased | |||
| Dec 28, 2024 | Relisted | $250,000 | |
| Relisted | |||
| Nov 29, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017