55 Blue Lake Drive
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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 |
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| Oct 20, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by Keller Williams RealtyNortheast | $329,000 | |
| Listed by Keller Williams RealtyNortheast | |||
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This is what country dreams are made of! This stunning contemporary/farmhouse home in the booming town of Huffman is a staycation dream! 1.78% tax rate & lightly restricted! Sitting on a .5 acre, it greets you with a picturesque 2-story elevation w/ a showstopper balcony for porch living & all new gorgeous LOW-E WINDOWS. TWO PRIMARY SUITES, one down for your MIL or guest quarters. Flex space down, perfect for an office, game room, etc! Living room stove fireplace for the perfect blend of character & functionality during the winter. Kitchen complete w/ Quartz counters, shaker-style cabinets, & champagne bronze finishes. WATER WELL for whole home. All NEW tankless water heater, HVAC & duct work, & PEX piping! Don't miss that large crawl space under the home, perfect for storage! Brand NEW 20X31X10 shop with double bay doors & covered parking! Minutes from hwy99 for an easy commute! Zoned to the loved, small-town Huffman ISD! Let your modern, country living begin!
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| Oct 21, 2022 | Sold | ||
| Sold | |||
| Aug 1, 2022 | Listed by RE/MAX RESULTS | $164,900 | |
| Listed by RE/MAX RESULTS | |||
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Looking for a project? Your search may be over. Check out all this property has to offer, the potential is endless with almost 1/2 acre to play with you have a ton of possibilities. This lovely tree lined lot offers lots of shade for comfort and privacy and allows you to enjoy the upstairs wrap around deck with your morning coffee or afternoon beverage. Downstairs you have a large family room with beautiful wood work and would be the perfect look for a Shabby Chic redo, there is also a large bedroom with the workings for a 1/2 bath making that the perfect spot for guests or an older child or roommate to have privacy to come and go and a retreat of their own. Upstairs you will find soaring ceilings in the living room which is so large you could easily convert part of it to a formal dining or have some office space. The old fashion wood burning stove fits the decor perfectly. You will also find primary and add'l bedroom. This home needs work but is priced to sell. Call a Realtor today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017