5354 COUNTY ROAD 214
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 |
|---|---|---|---|
| Jul 1, 2025 | Relisted | $250,000 | |
| Relisted | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Relisted | $250,000 | |
| Relisted | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Listed | $250,000 | |
| Listed | |||
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**LAKEFRONT**TWO LOTS**NEWER ROOF**NEEDS TLC & UPDATES** Short sale and lender approval needed. Discover your lakeside retreat with this spacious 3-bed, 2-bath home! This unique offering INCLUDES A NEIGHBORING LOT with its own address, totaling over 2.25 ACRES of land. Enjoy peace of mind with a NEW METAL ROOF installed in 2022. ZONED AGRICULTURAL, this property welcomes small farm animals. Plus, there's ample space for your recreational vehicles with RV/BOAT PARKING and a 50-AMP HOOKUP for RVs. This property presents a fantastic canvas for your personal touch. Imagine the possibilities of customizing this lakefront haven to perfectly match your vision and lifestyle! You'll love the PRIVATE LAKE ACCESS, ideal for small boats and fishing. Storage will never be an issue with a LARGE SHED, two CARPORTS, and additional garage space. The expansive Florida room offers versatile living space, perfect as a sunroom, entertainment area, or home office. Don't miss out on this amazing opportunity to create your dream lakeside escape
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017