5908 Route 111
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 |
|---|---|---|---|
| Mar 28, 2019 | Sold | ||
| Sold | |||
| Sep 25, 2018 | Listed by Lions on Main Realty | $210,000 | |
| Listed by Lions on Main Realty | |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $240,000 | |
| Listed | |||
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Completely renovated home on 0.68-acres with 50' of frontage on Seymour Lake. New kitchen cabinets and countertops. Living room with refurbished hardwood floors, 11x 11' 7" den, and 9x12 office. New 3/4 bath on first floor. Enjoy evening sunsets from the 8x 32 screened front porch. There is also 10x 18 covered screen porch off the kitchen. Three bedrooms on the second floor with Master bedroom offering Berber carpet, large closet, and propane wall unit for extra heat. The other two bedrooms have hardwood floors. Full bath on second floor. This home has been insulated with energy efficient Styrofoam. All new vinyl windows, new asphalt shingle roof, new wiring and breaker box, also wired for a generator. Nice yard with many flowers. Across the road is 50x100 lake front with a landing at water's edge with stairs to the lake. Possible Owner Financing. The manager has listed the unit size as 1310 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017