59 Hammond Shore Road
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 |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by KW Vermont | $190,000 | |
| Listed by KW Vermont | |||
| Jul 23, 2021 | Sold | ||
| Sold | |||
| May 24, 2021 | Listed by KW Vermont | $152,900 | |
| Listed by KW Vermont | |||
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Vacation mode, check! This year round residential lake home has everything that you are looking for. Built in 2002 and located on Lake Carmi, you will enjoy a beautiful 1.2 acre grassy lot, with great views and deeded, private lake& beach access ; sit, relax, swim, put in your dock or mooring. The possibilities are endless. The bright open floorplan with full kitchen, lends well to entertaining or gathering spot. Take in the lake views from the balcony. Two large bedrooms, full bath & office, offers plenty of space for all. Enjoy all the comforts - including, and economical heating system, conventional septic & well with UV purification system. The two heated vehicle bays & a third unheated with 12' ceiling; is the perfect place for boat or RV storage. Lake Carmi offers excellent fishing in all seasons as well as the ideal location for hunting. Enjoy the fun that this vibrant summer community has to offer, along with the peacefulness that the off season affords. Leased land, 80 yrs left on lease, $400 per year. Conventional residential lending should be available. Don't miss your opportunity to own your own slice of heaven!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017