57 Caron Rd
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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Compass | $699,000 | |
| Listed by Compass | |||
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*Offer deadline of Monday 9/9 at 5pm* Welcome to 57 Caron Road, arguably the best spot on Cedar Lake! With 172' of water frontage, this home is on a corner lot and tucked away at the end of the road, boasting privacy and unobstructed water views. This home is also one of the few on the lake with a boat house! Inside, you'll find water views in every room and turn of the century charm throughout. The main living area features hardwood floors, high ceilings, and original woodwork. The sun soaked kitchen features built ins and a beautiful sink. A full bath and mudroom complete the first floor. Upstairs, you'll find three bedrooms with new carpeting and a half bath. There is also an idyllic heated sun room for extra living space. Outside, you'll find a large shed, detached garage, and multiple seating areas. Cedar Lake is approximately 183 acres, fully recreational, and conveniently located.
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| Nov 6, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2020 | Listed by Compass | $559,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017