548 Lakes Road
About This Property
Additionally kitchen, laundry room, bathroom and first floor bedroom complete the first floor. Upstairs, there's primary bedroom, bathroom and office/ den that offers work from home convince . This property is very well maintained and cared for , recent updates include: partial roof replacement, replumbing , updated electric, updated bathroom and gas fireplace all done in 2020 , additionally well pump and owned water softener were installed in 2017, black top driveway redone 2023, ductless split AC system installed in 2021 plus the large, maintenence free , best dock and platform on the lake has been added In 2021 . Nearby to NYC transportation and major highways . Monroe is about ond hour north of NYC with so many things to see and do like distilleries, wineries, cideries , farms, Legoland, golf , casino, indoor water park, Elite motor club and Bethel Woods Center for the Arts for world class entertainment.
You'll love this one of a kind lake house and beautiful brand new Dock with platform for endless water activities on over 100 feet of solely and separately deeded waterfront access! House will not be available for showings from 8/21/23-8/23/23.
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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%.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017