602 JUNIOR LAKE Drive
About This Property
This 2BD/2BA single-wide on a cleared, fenced corner lot (.65 acres total, 3 parcels) has been cleaned out, damaged sections removed, and is ready for your vision. Utilities connected: electricity, well, and septic already on site.
Renovate the existing structure or build new on this spacious corner lot. Either way, you're starting with infrastructure in place and no HOA. Perfect for boating lovers. The area offers close access to lake navigation, making it a go-to spot for those who want water at their doorstep without waterfront prices.
Minutes from Interlachen Elementary, local shops, and community fishing. Outdoor enthusiasts and families looking for space, water, and quiet will feel right at home here.
2-car carport and shed included. Sold as-is. Cash only. Don't sleep on this one.
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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 |
|---|---|---|---|
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Price Decreased |
$60,000
↓ $5K
(7.7%) | |
| Price Decreased | |||
| Jul 6, 2026 | Price Decreased |
$65,000
↓ $5K
(7.1%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$70,000
↓ $5K
(6.7%) | |
| Price Decreased | |||
| Jun 23, 2026 | Relisted | $75,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017