609 North Shore Drive
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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2023 | Listed by Epique Realty LLC | $385,000 | |
| Listed by Epique Realty LLC | |||
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Experience lake and country living in this remodeled 2 bed, 1 bath house on a rocky waterfront with stunning views of Cisco Lake. The property is turnkey ready with a new water filtration system, fully furnished, newer washer dryer, and direct internet access. A garbage disposal awaits a dishwasher connection. Enjoy prime fishing from the covered dock. Subject to a 50 year land lease renewal upon purchase, this cozy cottage includes two large waterfront lots. The open layout features split bedrooms, a stone fireplace, spacious closets, updated fixtures, and abundant natural light from recently replaced windows. Step onto the oversized deck to soak in the views of Lake Cisco or launch your boat from the private dock. Positioned across from the dam, this property offers a highly desirable lakeside location for a tranquil retreat. Come and relax in this lakeside haven, offering the best of both worlds. Buyer to verify property size, living sq ft, utilities, etc.
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| Aug 10, 2021 | Listed by Frisco Stars LLC | $295,000 | |
| Listed by Frisco Stars LLC | |||
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Come relax and enjoy the best of lake and country living. This cozy cottage offers two bedrooms, one bathroom, and two large waterfront lots. Step inside to a completely open layout with split bedrooms for added privacy, a beautiful stone fireplace, generous sized closets, updated and modern fixtures, and heaps of natural light beaming from your multitude of recently replaced windows. Step outside on your oversized deck to take in the gorgeous views on lake Cisco or take your boat out from your private dock. This property is positioned in a highly desirable location on the lake directly across from the dam.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017