531 Lakeview
About This Property
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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 |
|---|---|---|---|
| Oct 17, 2002 | Sold | ||
| Sold | |||
| May 28, 2002 | Listed by Morin Real Estate | $300,000 | |
| Listed by Morin Real Estate | |||
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24X24 GARAGE WITH UNFINISHED BONUS ROOM ABOVE. FAMILY ROOM WITH FIREPLACE. KITCHEN WITH BREAKFAST NOOK, MASTER BEDROOM WITH PRIVATE BATH AND WALK IN CLOSET. LARGE DECK WITH VIEW OF THE LAKE, HARDWOOD IN DINING ROOM AND FOYER.
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