553 Lakeview Drive
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 |
|---|---|---|---|
| Apr 20, 2022 | Sold | ||
| Sold | |||
| Feb 14, 2022 | Listed by Sonny Tunstall Real Estate | $145,000 | |
| Listed by Sonny Tunstall Real Estate | |||
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LOCATED IN EVER POPULAR LAKE FOREST ESTATES SUBDIVISION AT HOUSTON COUNTY LAKE, THIS SMALL TWO BEDROOM ONE BATH HOME SITS ON A BEAUTIFUL CORNER LOT. NESTLED UNDER LARGE PINES AND SPACIOUS YARD THIS PROPERTY OFFERS MUCH ROOM TO ENJOY SPACE OR EXPAND THE HOME. LARGE OPEN ROOM WITH OPEN KITCHEN, BREAKFAST AREA. UPDATED BATHROOM WITH WALK-IN SHOWER. HOME IS ELECTRIC BUT HAS PROPANE PIPED IN THE HOME. PROPANE TANK DOES CONVEY. 30 X 8 FRONT PORCH WITH A DISTANT VIEW OF THE LAKE. 14 X 10 STORAGE SHED. WITH A LITTLE TLC, THIS IS PERFECT FOR WEEKENDS TO ENJOY THE LAKE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017