43
Map
5399 Alta Way
About This Property
New barrel tile roof and gutters in 2021, new garage door, new impact windows and doors, new stainless steel dishwasher/microwave/stove as well as new hot water heater in 2022. A/C replaced in 2018. Also guest bathroom completely remodeled. Enjoy your 3/2/2 waterfront property (on 9 acre lake) with private weather resistant dock. Tiled living areas, vaulted ceiling, soft close wood kitchen cabinets, granite countertops, freshly painted exterior and as well as many more unmentioned updates. Priced to sell fast.
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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 |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by Keller Williams Realty - Wellington | $520,000 | |
| Listed by Keller Williams Realty - Wellington | |||
| Dec 28, 2012 | Sold | ||
| Sold | |||
| Jul 23, 2012 | Listed by Keller Williams Realty - Wellington | $170,000 | |
| Listed by Keller Williams Realty - Wellington | |||
| Aug 14, 2009 | Sold | ||
| Sold | |||
Property Highlights
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About Lakes of Sherbrooke
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017