55-69 Turtle Run Road #2
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 11, 2022 | No longer available | - | |
| No longer available | |||
| May 4, 2022 | Price Decreased |
$275,900
↓ $24K
(8%) | |
| Price Decreased | |||
| Apr 20, 2022 | Price Decreased |
$299,900
↓ $50K
(14.3%) | |
| Price Decreased | |||
| Apr 12, 2022 | Price Decreased |
$349,900
↓ $49K
(12.3%) | |
| Price Decreased | |||
| Mar 10, 2022 | Listed | $399,000 | |
| Listed | |||
| | |||
|
You cannot get much closer to Cobbossee Lake than here! This fully furnished seasonal cottage is located just feet from the edge of the marina and comes with a deeded boat slip. Get a jump start on your summer and start enjoying the lake right away! Located in the heart of the marina, you won't miss any of the action! The sale of property includes all furniture and contents as the property was set up for rentals last season. Enjoy as much time on the lake while the association takes care of the lawn mowing! Very simple and unique opportunity to get on the water!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/10/2022
|
2 Bed
|
1 Bath
|
-
|
$399,000
2 Bed
1 Bath
|
-
-
|
Christopher Voynik
Laflin & Wolfington Realty
| |
|
07/15/2020
|
7 Bed
|
4 Bath
|
-
|
$599,000
7 Bed
4 Bath
|
-
-
|
-
| |
|
03/09/2020
|
2 Bed
|
1 Bath
|
-
|
$199,900
2 Bed
1 Bath
|
-
-
|
-
| |
|
03/09/2020
|
2 Bed
|
1 Bath
|
-
|
$199,900
2 Bed
1 Bath
|
-
-
|
-
| |
|
03/09/2020
|
2 Bed
|
1 Bath
|
-
|
$199,900
2 Bed
1 Bath
|
-
-
|
-
| |
|
03/09/2020
|
1 Bed
|
1 Bath
|
-
|
$199,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/08/2017
| |
9 Bed
|
6 Bath
|
2813 ft²
|
-
9 Bed
6 Bath
2813 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017