51
Map
585 Bonanza Trail
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 8, 2026 | Listed by Premier Advantage Realty Inc | $699,000 | |
| Listed by Premier Advantage Realty Inc | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Jan 30, 2020 | Price Decreased |
$196,000
↓ $33K
(14.4%) | |
| Price Decreased | |||
| Sep 8, 2019 | Listed | $229,000 | |
| Listed | |||
| | |||
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#6045-Kerr Lake Living - PRICE REDUCTION!! Where can you find a lake view like this for only $196,000!! - HGTV should feature your renovation of this home with over 3,000 sq ft of living space and a good view down to the water. Desire a bigger view, cut the trees down as you own into the water with flowage easement access. The home features a spacious footprint and is waiting for the next owner to finish the project as the bones are in place. The split level design allows you to separate your entertaining from your quiet, restful moments with three bedrooms located on the upper section with a great man cave, party bunker, or family room on the lower level. On the opposite side of the home you have your kitchen, dining, living, and laundry with a wall that could be removed if you desire. This is the epitome of a handyman project turned gold gem - The time is now for you to start mining for yourself!! Possible owner financing for qualified buyers. Act quickly as this is a testimony to time is of the essence and will not last long! The manager has listed the unit size as 3044 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017