568 TURTLE LN
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Keller Williams Heritage | $545,000 | |
| Listed by Keller Williams Heritage | |||
| Sep 8, 2022 | Sold | ||
| Sold | |||
| Jul 19, 2022 | Listed by Keller Williams Heritage | $495,000 | |
| Listed by Keller Williams Heritage | |||
| | |||
|
Rare waterfront lot on one of the most coveted and widest sections of Lake Placid. This lot can be used immediately as a private weekend getaway or as the perfect location to build your dream lake house while waiting for the dam to be repaired. Beautiful towering trees create a shaded canopy for outdoor living and enjoying lake life. Nearly 1/2 an acre with approx 100 ft of improved waterfront including a large boat house currently configured for both a ski boat and a pontoon boat, concrete retaining wall and a private boat ramp. The new septic system was installed in Dec 2020 and has 2 clean outs currently used for the RV's. The lot has a full sprinkler system that uses lake water (not currently in use), landscape lighting in the trees and a remote controlled privacy gate. No city taxes and voluntary HOA! RV and boat are not included but are available for sale separately.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017