5698 Lake Road
About This Property
Assignment Contract. Sold As Is. Cash only 10 percent due at signing. Potential private financing available. Agent is owner
Listed By
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Listed by Wolf River Real Estate, LLC | $89,000 | |
| Listed by Wolf River Real Estate, LLC | |||
| Jun 3, 2008 | Sold to George English | ||
| Sold to George English | |||
| Oct 14, 2007 | Listed by Wolf River Real Estate, LLC | $145,000 | |
| Listed by Wolf River Real Estate, LLC | |||
| Apr 28, 2004 | Sold to Mary Ann Ralston | ||
| Sold to Mary Ann Ralston | |||
Property Highlights
5698 Lake Road
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/14/2007
| |
2 Bed
|
1 Bath
|
-
|
$145,000
2 Bed
1 Bath
|
$140,000
-3.45%
06/03/2008
|
Kathleen Gordon
Inglenook Realty Inc
| |
|
12/04/2003
| |
2 Bed
|
1 Bath
|
-
|
$72,900
2 Bed
1 Bath
|
$65,000
-10.84%
04/28/2004
|
Shawn McCormick
Coldwell Banker Prime Properties
| |
|
05/17/1999
| |
2 Bed
|
1 Bath
|
-
|
$69,900
2 Bed
1 Bath
|
$68,000
-2.72%
09/29/1999
|
-
|
Marilyn Kletter
ProRealty of New York Inc
|
Building Info
About Saratoga
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Wolf River Real Estate, LLC
Last Updated: 2 months ago
Data Source: Global MLS , MLS# 202512218
